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
(3)
|
06/12/2021 |
Common Stock
|
27,000
|
$
16
(4)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(5)
|
04/08/2022 |
Common Stock
|
22,500
|
$
3.86
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(6)
|
04/08/2022 |
Common Stock
|
3,000
|
$
3.86
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(7)
|
07/21/2023 |
Common Stock
|
27,000
|
$
2.79
|
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) |
Represents restricted stock unit (RSU) award granted on April 9, 2012, with a 3-year annual vesting schedule, under which the first 1/3rd of the units vested on April 9, 2013 less 1,222 shares withheld to satisfy the Reporting Person's tax withholding obligation upon settlement following the first vesting date. |
(2) |
Represents restricted stock unit (RSU) award granted on October 15, 2012, with a 3-year annual vesting schedule, under which the first 1/3rd of the units vested on April 1, 2013 less 3,886 shares withheld to satisfy the Reporting Person's tax withholding obligation upon settlement following the first vesting date. |
(3) |
The stock option vested as to 1/4th of the total number of shares subject to the option on May 2, 2012, and thereafter vests as to 1/48th of the total number of shares subject to the option in equal monthly installments. |
(4) |
The stock option was originally granted with an exercise price of $28.61 per share. The stockholders approved at the Issuer's annual meeting of stockholders held on May 24, 2012 a one-time stock option re-pricing program in which the Issuer's employees with eligible stock options would receive a one-time reduction in the exercise price for such options to $16.00 per share. |
(5) |
The stock option vested as to 1/48th of the total number of shares subject to the option on May 9, 2012, and thereafter vests as to 1/48th of the total number of shares subject to the option in equal monthly installments. |
(6) |
The stock option vested as to 100% of the total number of shares subjet to the option on April 9, 2013. |
(7) |
The stock option vests as to 1/4th of the total number of shares subject to the option on April 1, 2014, and thereafter vests as to 1/48th of the total number of shares subject to the option in equal monthly installments. |