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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN 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. | |||
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. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Option (right to buy) (1) (5) | $ 1.4074 | 03/27/1999 | 03/27/2008 | Common Stock | 80,324 | 60,824 | D | ||||||||
Employee Stock Option (right to buy) (2) (5) | $ 7.7778 | 07/27/2001 | 07/27/2010 | Common Stock | 202,500 | 202,500 | D | ||||||||
Employee Stock Option (right to buy) (3) (5) | $ 21.4667 | 01/07/2003 | 01/07/2012 | Common Stock | 375,000 | 375,000 | D | ||||||||
Employee Stock Option (right to buy) (4) | $ 18.33 | 01/06/2005 | 01/06/2014 | Common Stock | 375,000 | 375,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PRANGE WILLIAM J 2400 XENIUM LANE NORTH PLYMOUTH, MN 55441 |
X | Chairman and CEO |
/s/ William J. Prange | 05/24/2005 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(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) | On March 27, 1998, the reporting person was granted an option to purchase 759,375 shares of common stock. The option vests in five equal annual installments beginning March 27, 1999. |
(2) | On July 27, 2000, the reporting person was granted an option to purchase 337,500 shares of common stock. The option vests annually in five equal installments beginning on July 27, 2001. |
(3) | On January 7, 2002, the reporting person was granted an option to purchase 375,000 shares of common stock. The option vests annually in five equal installments beginning on January 7, 2003. |
(4) | On January 6, 2004, the reporting person was granted an option to purchase 375,000 shares of common stock. The option vests annually in five equal installments beginning on January 6, 2005. |
(5) | On December 14, 1999, July 11, 2000, February 12, 2001, December 12, 2001 and August 27, 2003, the Company effected 3-for-2 stock splits. The above share amounts and prices reflect the effect of the stock splits. |