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) granted on July 10, 2003
|
Â
(1)
|
07/09/2013 |
Common Stock
|
40,000
|
$
2.55
|
D
|
Â
|
Stock Option (right to buy) granted on December 9, 2003
|
Â
(2)
|
07/10/2013 |
Common Stock
|
40,000
|
$
2.55
|
D
|
Â
|
Stock Option (right to buy) granted on January 30, 2004
|
Â
(3)
|
01/30/2014 |
Common Stock
|
3,125
|
$
2.55
|
D
|
Â
|
Stock Option (right to buy) granted on September 20, 2004
|
Â
(4)
|
09/20/2014 |
Common Stock
|
16,875
|
$
2.55
|
D
|
Â
|
Stock Option (right to buy) granted on April 1, 2005
|
Â
(5)
|
03/31/2015 |
Common Stock
|
80,000
|
$
1.58
|
D
|
Â
|
Stock Option (right to buy) granted on February 23, 2006
|
Â
(6)
|
02/23/2016 |
Common Stock
|
22,500
|
$
1.45
|
D
|
Â
|
Stock Option (right to buy) granted on November 28, 2006
|
Â
(7)
|
11/27/2016 |
Common Stock
|
75,000
|
$
4.14
|
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) |
Option is vested and exercisable as to all of the shares. |
(2) |
Option is vested and exercisable as to all of the shares. |
(3) |
Option is vested and exercisable as to all of the shares. |
(4) |
Option is vested and exerciseable as to 11,601 shares and vests and becomes exerciseable as to 352 shares monthly until fully vested and exerciseable on March 19, 2008. |
(5) |
Option is vested and exerciseable as to 46,667 shares and vests and becomes exerciseable as to 2,222 shares monthly until fully vested and exercisable on April 1, 2008. |
(6) |
Option is vested and exercisable as to all of the shares. |
(7) |
The option shall be exercisable as to 25% of the original number of shares subject to the option on May 27, 2007 and thereafter in equal amounts monthly over the three year period commencing on May 27, 2007. |