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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 | ||||||||
Option to Purchase Common Stock | $ 0.55 | 09/10/2009 | A | 20,000 | (1) | 04/06/2016 | Common Stock | 20,000 | (2) | 20,000 | D | ||||
Option to Purchase Common Stock | $ 2.98 | 09/10/2009 | D | 20,000 | (1) | 04/06/2016 | Common Stock | 20,000 | (2) | 0 | D | ||||
Option to Purchase Common Stock | $ 0.55 | 09/10/2009 | A | 20,000 | (1) | 04/06/2016 | Common Stock | 20,000 | (2) | 20,000 | D | ||||
Option to Purchase Common Stock | $ 2.98 | 09/10/2009 | D | 20,000 | (1) | 04/06/2016 | Common Stock | 20,000 | (2) | 0 | D | ||||
Option to Purchase Common Stock | $ 0.55 | 09/10/2009 | A | 10,000 | (3) | 10/11/2016 | Common Stock | 10,000 | (4) | 10,000 | D | ||||
Option to Purchase Common Stock | $ 1.7 | 09/10/2009 | D | 10,000 | (3) | 10/11/2016 | Common Stock | 10,000 | (4) | 0 | D | ||||
Option to Purchase Common Stock | $ 0.55 | 09/10/2009 | A | 25,000 | (5) | 12/08/2016 | Common Stock | 25,000 | (6) | 25,000 | D | ||||
Option to Purchase Common Stock | $ 1.55 | 09/10/2009 | D | 25,000 | (5) | 12/08/2016 | Common Stock | 25,000 | (6) | 0 | D | ||||
Option to Purchase Common Stock | $ 0.55 | 09/10/2009 | A | 10,000 | (7) | 10/08/2017 | Common Stock | 10,000 | (8) | 10,000 | D | ||||
Option to Purchase Common Stock | $ 1.28 | 09/10/2009 | D | 10,000 | (7) | 10/08/2017 | Common Stock | 10,000 | (8) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Shaw Timothy E 200 W CYPRESS CREEK RD SUITE 400 FT. LAUDERDALE, FL 33309 |
See Remarks |
/s/ Timothy E. Shaw | 09/14/2009 | |
**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) | The stock option is fully vested. |
(2) | The reporting person agreed to cancellation of an option granted to him on April 6, 2006, in exchange for an option with the same terms, vesting schedule and expiration date but with a lower exercise price. |
(3) | The option vests as follows: 20% vested on October 11, 2007, 40% vested on October 11, 2008 and 40% will vest on October 11, 2009. |
(4) | The reporting person agreed to cancellation of an option granted to him on October 11, 2006, in exchange for an option with the same terms, vesting schedule and expiration date but with a lower exercise price. |
(5) | The option vests as follows: 20% vested on December 8, 2007, 40% vested on December 8, 2007 and 40% will vest on December 8, 2009. |
(6) | The reporting person agreed to cancellation of an option granted to him on December 8, 2006, in exchange for an option with the same terms, vesting schedule and expiration date but with a lower exercise price. |
(7) | The option vests as follows: 20% vested on October 8, 2008, 40% will vest on October 8, 2009 and 40% will vest on October 8, 2010. |
(8) | The reporting person agreed to cancellation of an option granted to him on October 8, 2007, in exchange for an option with the same terms, vesting schedule and expiration date but with a lower exercise price. |
Remarks: Sr. VP, Information Services & Administration and CIO |