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 | ||||
Option - Right to buy (2) | Â (3) | 10/17/2015 | Common Stock | 35,000 | $ 5.34 | D | Â |
Option - Right to buy (2) | Â (4) | 08/02/2014 | Common Stock | 20,000 | $ 3.72 | D | Â |
Option - Right to buy (2) | Â (5) | 03/01/2014 | Common Stock | 20,000 | $ 5.8 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kiley Michael E C/O COMPETITIVE TECHNOLOGIES, INC. 1960 BRONSON ROAD FAIRFIELD, CT 06824 |
 |  |  Executive VP and CTO |  |
/s/ Michael D. Davidson (Attorney-in-Fact) | 12/14/2005 | |
**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) | Includes 1,625 shares contributed by issuer to Mr. Kiley's account in the Company's 401(k) plan, 813 of which are vested and 812 of which are not vested. Mr. Kiley claims no beneficial ownership in non-vested shares. |
(2) | Granted pursuant to the registrant's 1997 Employees' Stock Option Plan. |
(3) | Vest as follows: 25% per year starting August 1, 2006, and 25 % on August 1 each of the three years thereafter. |
(4) | Vests as follows: 25% per year on each annual anniversary date following grant. |
(5) | Vests as follows: 25% on date of grant and 25% on the following three anniversary dates following grant. |