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)
|
06/07/2021 |
Common Stock
|
27,272
|
$
6.93
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(2)
|
09/14/2021 |
Common Stock
|
2,818
|
$
7.26
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(3)
|
03/08/2022 |
Common Stock
|
31,600
|
$
7.26
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(4)
|
03/08/2022 |
Common Stock
|
33,218
|
$
7.26
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(5)
|
01/30/2024 |
Common Stock
|
23,636
|
$
9.24
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(6)
|
01/30/2024 |
Common Stock
|
12,727
|
$
9.24
|
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) |
Twenty-five percent (25%) of the shares subject to the option vest on the first anniversary measured from May 23, 2011, and the remaining shares subject to the option vest in 36 successive, equal monthly installments thereafter, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. |
(2) |
The shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of September 14, 2011, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. |
(3) |
The option was immediately exercisable in full on March 8, 2012; however, the shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of March 8, 2012, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. |
(4) |
The option was immediately exercisable in full on March 8, 2012; however, one third (1/3rd) of the shares subject to the option shall vest on the date that the fair market value of the Company's Common Stock (based on the closing sales price as quoted on NASDAQ for such date) first reaches or exceeds each of $33.00, $55.00 and $77.00 (in each case, as appropriately adjusted for stock splits, stock dividends, recapitalizations and the like), respectively, in the future, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. |
(5) |
The option was immediately exercisable in full on January 30, 2014; however, the shares subject to the option vest in 48 successive, equal monthly installments on each monthly anniversary of January 30, 2014, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. |
(6) |
The option was immediately exercisable in full on January 30, 2014; however, one third (1/3rd) of the shares subject to the option shall vest on the date that the fair market value of the Company's Common Stock (based on the closing sales price as quoted on NASDAQ for such date) first reaches or exceeds each of $33.00, $55.00 and $77.00 (in each case, as appropriately adjusted for stock splits, stock dividends, recapitalizations and the like), respectively, in the future, subject to the Reporting Person's continued employment or service relationship with the Issuer on each such vesting date. |