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)
|
Â
(1)
|
12/10/2017 |
Common Stock
|
100,000
|
$
0.48
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(2)
|
06/23/2018 |
Common Stock
|
100,000
|
$
0.18
|
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 option vests in five equal annual installments commencing on the date of grant. The first installment became exerciseable on December 11, 2008, and the next four installments become exerciseable on December 11, 2009, December 11, 2010, December 11, 2011 and December 11, 2012. |
(2) |
The option vests in five equal annual installments commencing on the date of grant. The first installment became exerciseable on June 24, 2009, and the next four installments become exerciseable on June 24, 2010, June 24, 2011, June 24, 2012 and June 24, 2013. |