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 |
Employee Stock Option (right to buy)
|
(3)
|
03/16/2024 |
Common Stock
|
192,994
|
$
5.88
|
D
|
|
Employee Stock Option (right to buy)
|
(4)
|
04/29/2025 |
Common Stock
|
100,000
|
$
9.17
|
D
|
|
Employee Stock Option (right to buy)
|
(5)
|
02/10/2026 |
Common Stock
|
147,492
|
$
5.08
|
D
|
|
* |
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) |
25,000 shares are represented by restricted stock units (each, an RSU). Each RSU represents a contingent right to receive one share upon settlement. 25% of these RSUs vest on April 30, 2016, and 1/48 of these RSUs vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date. |
(2) |
62,500 shares are represented by RSUs. Each RSU represents a contingent right to receive one share upon settlement. 25% of these RSUs vest on February 11, 2017, and the remaining RSUs vest in equal quarterly installments thereafter, subject to the Reporting Person's continued service through each vesting date. |
(3) |
The original option grant of 215,000 shares was exercised for an aggregate of 22,006 shares. 25% of the shares subject to the original option grant vested on March 10, 2015, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date. |
(4) |
25% of the shares subject to the option vest on April 30, 2016, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date. |
(5) |
25% of the shares subject to the option vest on February 11, 2017, and 1/48 of the shares vest monthly thereafter, subject to the Reporting Person's continued service through each vesting date. |