1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Option (Right to Buy)
|
03/21/2006(1)
|
03/21/2016 |
20,000
|
20,000
|
$
5.7
|
D
|
Â
|
Stock Option (Right to Buy)
|
01/08/2007(2)
|
01/08/2017 |
10,000
|
10,000
|
$
4.5
|
D
|
Â
|
Stock Option (Right to Buy)
|
07/02/2007(3)
|
07/02/2017 |
15,000
|
15,000
|
$
2.43
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(b)(v). |
** |
Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) |
Twenty five (25%) percent of such options became exercisable on March 21, 2007 and the remaining options will vest in increments of twenty five (25%) percent on each of March 21, 2008, March 21, 2009 and March 21, 2010. |
(2) |
Twenty five (25%) percent of such options became exercisable on January 8, 2008 and the remaining options will vest in increments of twenty five (25%) percent on each of January 8, 2009, January 8, 2010 and January 8, 2011. |
(3) |
The options will vest in increments of twenty five (25%) percent on each of July 2, 2008, July 2, 2009, July 2, 2010 and July 2, 2011. |