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 |
Employee Stock Options (right to buy)
|
Â
(1)
|
07/15/2024 |
Common Stock
|
100,000
|
$
10.55
|
D
|
Â
|
Restricted Stock Units
|
Â
(2)
|
07/15/2024 |
Common Stock
|
30,000
|
$
0
|
D
|
Â
|
Employee Stock Options (right to buy)
|
Â
(3)
|
03/17/2025 |
Common Stock
|
100,000
|
$
3.57
|
D
|
Â
|
Restricted Stock Units
|
Â
(4)
|
03/17/2025 |
Common Stock
|
75,000
|
$
0
|
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) |
The Stock Option Award was granted on 7/15/2014. The option grant will vest over a four-year period. 27,083 options have become vested and exercisable as of 8/15/2015. The remaining options will become vested and exercisable in monthly installments until 7/25/2018. |
(2) |
Restricted Stock Unit award was granted on 7/15/2014. 10,000 Restricted Stock Units were previously exercised with 3,875 shares of common stock surrendered to pay tax liability due on vesting of the Restricted Stock Units. The remaining 30,000 units will vest and become exercisable in 10,000 unit increments on each of 7/15/2016, 7/15/2017, and 7/15/2018. |
(3) |
The Stock Option Award was granted on 3/17/2015. The option grant will vest over a four-year period. Currently, none of the options are exercisable and all of the options are outstanding. 25,000 options will vest and become exercisable on 3/17/2016. The remaining options will vest and become exercisable on a monthly basis from 4/17/2016 until 7/25/2019. |
(4) |
Restricted Stock Unit award was granted on 3/17/2015. Currently, none of the Restricted Stock Units have vested and all of the Restricted Stock Units are outstanding. 37,500 units will vest and become exercisable on 3/05/2016, 18,750 units will vest and become exercisable on 3/05/2017 and the remaining 18,750 units will vest and become exercisable on 3/05/2018. |