UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Common Stock | 05/25/2019 | 05/25/2020 | Common Stock | 13,333 (2) | $ 1.01 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Fisher Patrick David 321 SOUTH 1250 WEST LINDON, UT 84042 |
 |  |  VP of Product Development |  |
Todd Fugal as attorney-in-fact for Patrick D. Fisher | 05/01/2019 | |
**Signature of Reporting Person | Date |
* | 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) | Consists of 26,287 shares of common stock and shares issuable under restricted stock units ("RSUs"). The RSU's consist of (1) one award of 7,500 RSUs that began vesting in 20% annual increments on each of the first five anniversaries of March 6, 2018; (2) an award of 12,000 RSU's that vest in 25% annual increments on each of the first four anniversaries of March 14, 2018; and (3) an award of 8,287 RSU's of which 2,762 shares will vest on December 31, 2019, 2,762 shares will vest on December 31, 2020, and 2,763 shares will vest on December 31, 2021. Each RSU represents the right to receive one share of common stock upon vesting. |
(2) | The option became exercisable in 33.33% annual increments on each of the first three anniversaries of May 25, 2016. 6,666 shares are currently exercisable and the remaining 6,667 shares will become exercisable on May 25, 2019. |
 Remarks: Exhibit List Exhibit 24- Power of Attorney |