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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 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 | ||||||||
Non-Qualified Stock Options | $ 1.32 | 03/25/2005(1) | A | 25,000 (1) | 03/25/2005(1) | 06/15/2014 | Common Stock | 25,000 | $ 1.32 | 25,000 | D | ||||
Non-Qualified Stock Options | $ 1.3 | 03/25/2005(2) | A | 25,000 (2) | 03/25/2005(2) | 09/28/2014 | Common Stock | 25,000 | $ 1.3 | 50,000 | D | ||||
Non-Qualified Stock Options | $ 1.03 | 03/25/2005(3) | A | 25,000 (3) | 03/25/2005(3) | 03/11/2015 | Common Stock | 25,000 | $ 1.03 | 75,000 | D | ||||
Non-Qualified Stock Options | $ 1.03 | 03/11/2005 | A | 16,500 | 03/11/2005(4) | 03/11/2015 | Common Stock | 16,500 | $ 1.03 | 91,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Clarke Andrew P C/O 2201 S. MCDOWELL BLVD PETALUMA, CA 94954 |
Vice President |
Christine T. Hergenrother, VP & CFO, by power of atty | 03/31/2005 | |
**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) | On 6/15/04, Mr. Clarke was granted an option to purchase 100,000 shares of common stock. The option vests in increments of 25,000 shares based upon the Company's satisfaction of certain performance criteria. The performance criteria were met resulting in vesting of the option as to the 25,000 shares. |
(2) | On 9/28/04, Mr. Clarke was granted an option to purchase 100,000 shares of common stock. The option vests in increments of 25,000 shares based upon the Company's satisfaction of certain performance criteria. The performance criteria were met resulting in vesting of the option as to the 25,000 shares. |
(3) | On 3/2/05, Mr. Clarke was granted an option to purchase 50,000 shares of common stock. The option vests in increments of 25,000 shares based upon the Company's satisfaction of certain performance criteria. The performance criteria were met resulting in vesting of the option as to the 25,000 shares. |
(4) | 8,250 shares to vest on 3/11/05 and remaining 8,250 shares to vest on 3/11/06 |