|
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 |
|
| |||||||||||||||||||||||||||||
| |||||||||||||||||||||||||||||
| 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) |
||||
| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Option to purchase Common Stock | $ 0.13 | 04/01/2005(1) | 02/28/2015 | Common Stock | 38,359 | 38,359 | D | ||||||||
| Option to purchase Common Stock | $ 0.13 | 04/01/2005 | 02/28/2014 | Common Stock | 76,718 | 76,718 | D | ||||||||
| Option to purchase Common Stock | $ 0.13 | 04/01/2005(2) | 02/28/2014 | Common Stock | 38,359 | 38,359 | D | ||||||||
| Option to purchase common stock (3) | $ 0.2 | (4) | 06/01/2015 | Common Stock | 20,000 | 20,000 | D | ||||||||
| Option to purchase Common Stock (3) | $ 0.125 | 01/09/2006(5) | 01/08/2016 | Common Stock | 300,000 | 300,000 | D | ||||||||
| Option to purchase Common Stock (3) | $ 0.14 | (6) | 05/22/2016 | Common Stock | 30,000 | 30,000 | D | ||||||||
| Option to purchase common stock (3) | $ 0.098 | (7) | 05/23/2017 | Common Stock | 50,000 | 50,000 | D | ||||||||
| Option to purchase Common Stock (3) | $ 0.106 | (8) | 01/01/2018 | Common Stock | 150,000 | 150,000 | D | ||||||||
| Option to Purchase Common Stock (3) | $ 0.08 | (9) | 05/21/2018 | Common Stock | 50,000 | 50,000 | D | ||||||||
| Option to Purchase Common Stock (3) | $ 0.02 | 05/21/2009 | A | 50,000 | (10) | 05/20/2019 | Common Stock | 50,000 | (3) | 50,000 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Minerva Thomas Ernest 249 NEVERSINK COURT HOMDEL, NJ 07733 |
X | |||
| Thomas Minerva by Lori Stanley as Attorney-In-Fact | 05/26/2009 | |
| **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) | One-third was vested on April 1, 2005, one-third vested on March 1, 2006 and one-third vests on March 1, 2007. |
| (2) | Two-thirds was vested on April 1, 2005 and one-third vested on March 1, 2006. |
| (3) | Granted pursuant to the 2005 Stock Incentive Plan. |
| (4) | Option vested as to 10,000 shares upon grant and vests as to 10,000 shares on June 2, 2006. |
| (5) | Option vests as to: (i) 50,000 upon grant; (ii) 125,000 shares on December 31, 2006; and (iii) 125,000 shares on December 31, 2007. |
| (6) | Option vests as to 15,000 shares upon grant and 15,000 shares on May 23, 2007. |
| (7) | Option vests as to 25,000 shares upon grant and 25,000 shares on May 24, 2008. |
| (8) | Option vested as to 75,000 upon grant and vests as to 75,000 shares on January 2, 2009. |
| (9) | Option vests as to 25,000 shares upon grant and 25,000 shares on May 22, 2009. |
| (10) | Option vests as to 25,000 shares upon grant and 25,000 shares on May 21, 2010. |