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 Options (Right to Buy)
|
Â
(2)
|
03/06/2022 |
Common Stock
|
400,000
|
$
0.45
|
D
|
Â
|
Stock Options (Right to Buy)
|
Â
(3)
|
06/17/2022 |
Common Stock
|
88,600
|
$
0.34
|
D
|
Â
|
Stock Options (Right to Buy)
|
Â
(4)
|
06/17/2022 |
Common Stock
|
311,400
|
$
0.34
|
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 reporting person received 750,0000 shares of restricted common stock on February 12, 2013. Such shares vest in three tranches as follows: Tranche 1 - 250,000 shares vest February 12, 2014; Tranche 2 - 250,000 shares vest February 12, 2015 and Tranche 3 - 250,000 shares vest February 12, 2016. |
(2) |
The reporting person received an award of 400,000 stock options on March 6, 2012. Such options vest in four tranches as follows: Tranche 1 - 100,000 options vested on the date of issuance; Tranche 2 - 100,000 options vested December 31, 2012; Tranche 3 - 100,000 options vest December 31, 2013 and Tranche 4 - 100,000 options vest December 31, 2014. |
(3) |
The reporting person received an award of 88,600 stock options on June 18, 2012. Such options vest in four tranches as follows: Tranche 1 - 22,150 options vested on the date of issuance; Tranche 2 - 22,150 options vested December 31, 2012; Tranche 3 - 22,150 options vest December 31, 2013 and Tranche 4 - 22,150 options vest December 31, 2014. |
(4) |
The reporting person received an award of 311,400 stock options on June 18, 2012. Such options vest in four tranches as follows: Tranche 1 - 77,850 options vested on the date of issuance; Tranche 2 - 77,850 options vested December 31, 2012; Tranche 3 - 77,850 options vest December 31, 2013 and Tranche 4 - 77,850 options vest December 31, 2014. |