UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Non Qualified Stock Option (right to buy) | Â (1) | 10/19/2021 | Common Stock | 13,000 | $ 9.96 | D | Â |
Non Qualified Stock Option (right to buy) | Â (2) | 09/18/2023 | Common Stock | 14,000 | $ 9.45 | D | Â |
Non Qualified Stock Option (right to buy) | Â (3) | 06/18/2024 | Common Stock | 12,000 | $ 9.94 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Chu Peter C/O BROADVISION, INC. 1700 SEAPORT BLVD, SUITE 210 REDWOOD CITY, CA 94063 |
 |  |  CFO&VP,Strategy & Product Mgmt |  |
/s/ Peter Chu | 07/15/2014 | |
**Signature of Reporting Person | Date |
* | 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) | Original grant was for 15,000 shares , of which 2,000 shares have been exercised. The option vests as to 25% of the shares one year from October 19, 2011 and monthly thereafter for 36 months. |
(2) | Original grant was for 15,000 shares , of which 1,000 shares have been exercised. The option vests in equal monthly installments over 48 months commencing September 18, 2013. |
(3) | The option vests in equal monthly installments over 48 months commencing June 18, 2014. |