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 | ||||
Non-qualified Stock Options | Â (1) | 09/04/2024 | Common Stock | 60,000 | $ 2.44 | D | Â |
Non-qualified Stock Options | Â (2) | 04/21/2025 | Common Stock | 23,467 | $ 1.7 | D | Â |
Restricted Stock Units | Â (3) | Â (5) | Common Stock | 42,187 | $ 0 | D | Â |
Restricted Stock Units | Â (4) | Â (5) | Common Stock | 22,000 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Koverman Chris 900 CHESAPEAKE DRIVE, FLOOR 2 REDWOOD CITY, CA 94063 |
 |  |  VP, Engineering & Operations |  |
/s/ Michelle Johnson, by power of attorney | 02/16/2016 | |
**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) | 1/4th of the shares subject to the grant shall vest on the first anniversary of the grant date, and 1/48th of the shares subject to the grant shall vest on each monthly anniversary thereafter over the next three years, through September 4, 2018. |
(2) | 1/36th of the shares subject to the grant shall vest on each monthly anniversary of the grant date over three years, through April 21, 2018. |
(3) | 1/4th of the shares subject to the grant shall vest on each anniversary of the grant date over four years, through September 4, 2018. |
(4) | 1/3rd of the shares subject to the grant shall vest on each anniversary of the grant date over three years, through April 21, 2018. |
(5) | Not applicable. |