4: Statement of changes in beneficial ownership of securities
Published on September 25, 2013
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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) |
(e.g., puts, calls, warrants, options, convertible securities)
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 | $ 1.19 | 09/16/2013 | 09/16/2013 | A | 21,009 | 09/16/2014 | 09/16/2023 | Common Stock | 21,009 | $ 0 | 4,021,009 (1) | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bigger Greggory M 735 STATE ST. #500 SANTA BARBARA, CA 93101 |
X | CFO, President |
Signatures
/s/ Greggory M. Bigger | 09/24/2013 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | 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) | Includes an option ("Option") to purchase 4,000,000 shares of Issuer's common stock, granted to Mr. Bigger on February 1, 2012 ("Vesting Commencement Date"). 500,000 shares of the Option vested on February 1, 2012, and 500,000 shares of the Option vested on February 1, 2013. 1,000,000 shares of the Option will vest on each yearly anniversary of the Vesting Commencement Date beginning on February 1, 2014. |
Remarks: Issuer granted Mr. Bigger, as Director compensation, effective September 15, 2013, 21,009 shares of Issuer's common stock and an option to purchase 21, 009 shares of Issuer's common stock. |