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)
|
05/15/2003 |
08/22/2012 |
Common Stock
|
6,522
(1)
|
$
0.02
|
D
|
Â
|
Stock Option (Right to Buy)
|
05/23/2004 |
05/23/2013 |
Common Stock
|
4,891
(2)
|
$
0.58
|
D
|
Â
|
Stock Option (Right to Buy)
|
03/17/2005 |
03/17/2014 |
Common Stock
|
6,522
(3)
|
$
1.96
|
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) |
These options represent the remaining options held by the reporting person from an original grant of 13,044 options granted on August 22, 2002 with a May 15, 2002 effective date, subject to a four-year vesting period, with 25% of the original grant vesting on each anniversary of the grant date, subject to acceleration or termination in certain circumstances. Acceleration did occur on October 12, 2004. |
(2) |
These options represent the remaining options held by the reporting person from an original grant of 6,522 options granted on May 23, 2003, subject to a four-year vesting period, with 25% of the original grant vesting on each anniversary of the grant date, subject to acceleration or termination in certain circumstances. |
(3) |
These options were granted on March 17, 2004. They vest over a four-year period, with 25% vesting on each anniversary of the grant date, subject to acceleration or termination in certain circumstances. |