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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 | ||||||||
Incentive Stock Option (right to buy) | $ 0.75 | 02/15/2011 | M | 4,000 | (6) | 12/02/2012 | Common Stock | 4,000 | $ 0 | 172,000 | D | ||||
Incentive Stock Option (right to buy) | $ 0.75 | 02/15/2011 | M | 1,000 | (6) | 12/02/2012 | Common Stock | 1,000 | $ 0 | 171,000 | D | ||||
Incentive Stock Option (right to buy) | $ 0.75 | 02/15/2011 | M | 1,000 | (6) | 12/02/2012 | Common Stock | 1,000 | $ 0 | 170,000 | D | ||||
Incentive Stock Option (right to buy) | $ 0.75 | 02/15/2011 | M | 3,000 | (6) | 12/02/2012 | Common Stock | 3,000 | $ 0 | 167,000 | D | ||||
Incentive Stock Option (right to buy) | $ 0.75 | 02/15/2011 | M | 1,000 | (6) | 12/02/2012 | Common Stock | 1,000 | $ 0 | 166,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Raanes Chris 1310 CHESAPEAKE TERRACE SUNNYVALE, CA 94089 |
SVP COO |
By: Michael Olivas For: Chris A. Raanes | 02/17/2011 | |
**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) | A total of 4,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $10.074598 per share. The actual sale price for the shares was: 800 shares at $10.18; 200 shares at $10.1825; 500 shares at $10.1805; 500 shares at $10.185; 200 shares at $10.04; 319shares at $10.03; 200 shares at $10.02; 100 shares at $9.95; 400 shares at $9.94; 381 shares at $9.92; 300 shares at $9.93; 100 shares at $9.9405. |
(2) | A total of 1,000 shares were sold pursuant to a 10b5-1 Plan, at an average sale price of $10.18907 per share. The actual sale price for the shares was: 857 shares at $10.19; 100 shares at $10.185; 43 shares at $10.18. |
(3) | A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $10.18904 per share. The actual sale price for the shares was: 904 shares at $10.19; 96 shares at $10.18. |
(4) | These shares were sold pursuant to a 10b5-1 plan. |
(5) | A total of 1,000 shares were sold pursuant to a 10b-5-1 Plan at an average sale price of $10.121 per share. The actual sale price for the shares was: 100 shares at $10.13; 900 shares at $10.12. |
(6) | The options are exercisable as they vest. A total of 25% of the entire number of shares subject to this stock option becomes vested and fully exercisable on the first anniversary of the vesting commencement date and the remaining shares subject to this stock option vest and become exercisable in equal monthly installments, ratably over the following 36 months. |