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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 | ||||||||
Restricted Stock Units (RSU) | (3) | 05/26/2016 | M | 1,913 | (4) | (5) | Common Stock | 1,913 | $ 0 | 5,740 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kapner Steven M. TRI INVESTMENTS, LLC 501 BOYLSTON STREET BOSTON, MA 02116 |
X | X |
/s/ Shannon M. Shaw, as Attorney-in-fact | 05/31/2016 | |
**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) | Reflects the number of shares of common stock that were acquired upon settlement of the corresponding RSUs listed in Table II. |
(2) | Shares of the Issuer's common stock held directly by TRI Investments, LLC. Mr. Kapner is a Managing Director and a member of the Board of Directors of TRI Ventures, Inc., the parent company of TRI Investments, LLC, and may be deemed to indirectly beneficially own the shares of the Issuer's common stock held directly by TRI Investments, LLC and may also be deemed to share voting and dispositive power with respect to these shares as a result. Mr. Kapner disclaims beneficial ownership of these shares except to the extent of his pecuniary interest therein. |
(3) | Each RSU represents a contingent right to receive one share of the Issuer's common stock upon settlement, and there is no exercise price associated with the RSUs. |
(4) | The RSUs began vesting in four equal quarterly installments on May 26, 2016. |
(5) | There is no expiration date with respect to the RSUs granted. Units will either vest or be forfeited. |