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 |
Non Qualified Stock Option (Right to Buy)
|
11/01/2003(3)
|
11/26/2012 |
Common Stock
(5)
|
80,000
|
$
3.44
|
D
|
|
Non Qualified Stock Option (Right to Buy)
|
08/01/2003(4)
|
07/29/2008 |
Common Stock
(5)
|
90,000
|
$
2.95
|
D
|
|
Non Qualified Stock Option (Right to Buy)
|
08/01/2004(6)
|
07/01/2011 |
Common Stock
(5)
|
49,000
|
$
2.93
|
D
|
|
Non Qualified Stock Option (Right to Buy)
|
06/01/2005(6)
|
06/01/2012 |
Common Stock
(5)
|
150,000
|
$
2.62
|
D
|
|
Non Qualified Stock Option (Right to Buy)
|
07/01/2005(6)
|
07/01/2012 |
Common Stock
(5)
|
90,000
|
$
2.92
|
D
|
|
Restricted Stock Units
(7)
|
08/22/2007(8)
|
(8)
|
Common Stock
(7)
|
80,000
|
$
0
|
D
|
|
Non Qualified Stock Option (Right to Buy)
|
02/10/2005(6)
|
01/10/2012 |
Common Stock
(5)
|
25,000
|
$
2.59
|
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) |
Grant of restricted stock under Rule 16b-3 on June 28, 2005. Resricted stock vests in four equal installments annually begininng July 1, 2006. |
(2) |
Grant of restricted stock under Rule 16b-3 on June 28, 2005. Resricted stock vests in three equal installments annually begininng July 1, 2005. |
(3) |
Stock option vests 25% on the first anniversary and monthly thereafter at a rate of 1/48th per month for the remaining three years. |
(4) |
Stock option vests monthly at a rate of 1/24th per month over two years. |
(5) |
Right to buy under Rule 16b-3 plan. |
(6) |
Stock option vests monthly in equal installments over 4 years. |
(7) |
Restricted Stock Units convert to shares of Common Stock on a 1-for-1 basis. |
(8) |
Restricted Stock Units will vest over a period of two years, as follows: the first 50% will vest on August 22, 2007 and the remaining 50% on August 22, 2008. |