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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (Right to Buy) | $ 21.03 | 07/25/2006 | A | 22,500 | (1) | 07/25/2016 | Common Stock | 22,500 | $ 0 | 22,500 | D | ||||
Deferred Stock Units (Phantom Stock) | (2) | 07/25/2006 | A | 2,500 | (3) | (4) | Common Stock | 2,500 | $ 0 | 2,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
DAY SHAWN P PHD 3120 SCOTT BLVD., STE. 130 SANTA CLARA, CA 95054 |
VP of Research and Development |
Russell J. Knittel, as attorney-in-fact | 07/26/2006 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | 25% of the total number of shares subject to the option shall vest and become exercisable on the twelve month anniversary of the July 25, 2006 grant date, and 1/48th of the total number of shares subject to the option shall vest and become exercisable on the 25th day of each month thereafter. |
(2) | Each vested deferred stock unit will be converted into one share of the Issuer's common stock. |
(3) | 25% of the total number of deferred stock units shall vest on July 31, 2007, and 1/16th of the total number of deferred stock units shall vest quarterly thereafter. |
(4) | Stock will be delivered for vested units as of January 31, April 30, July 31, and October 31 of each year. |