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)
|
07/31/2017 |
12/08/2024 |
Common Stock
|
50,000
|
$
2.69
|
D
|
|
Stock Option (Right to Buy)
|
(1)
|
08/18/2026 |
Common Stock
|
40,000
|
$
2.76
|
D
|
|
Stock Option (Right to Buy)
|
(2)
|
03/15/2027 |
Common Stock
|
25,000
|
$
2.15
|
D
|
|
Stock Option (Right to Buy)
|
(3)
|
09/06/2022 |
Common Stock
|
25,000
|
$
1.98
|
D
|
|
Stock Option (Right to Buy)
|
(4)
|
07/19/2023 |
Common Stock
|
25,000
|
$
3.36
|
D
|
|
Restricted Stock Units
|
03/11/2019(6)
|
03/12/2019(6)
|
Common Stock
|
2,083
|
$
(5)
|
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) |
The option, representing the right to purchase a total of 40,000 shares, became exercisable in 36 equal monthly installments following the August 18, 2016 date of grant. |
(2) |
The option, representing the right to purchase a total of 25,000 shares, became exercisable in 36 equal monthly installments following the March 16, 2017 date of grant. |
(3) |
Stock option vests 33% per year on anniversary date starting September 7, 2018 |
(4) |
Stock option vests 33% per year on anniversary date starting July 19, 2019 |
(5) |
Restricted stock units convert into common stock on a one-for-one basis. |
(6) |
The reporting person was awarded restricted stock units on March 11, 2015, which vest in one remaining annual installment on March 11th of 2019. Settlement of the underlying shares of common stock will occur on vesting date, assuming continued employment through the applicable vesting date. |