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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) |
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 | ||||||||
Incentive Stock Option Award | $ 0.6 | 06/17/2010 | J(1) | 11,250 | 06/17/0013 | 06/17/0015 | Common Stock | 11,250 | $ 0.6 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 100,000 | 11/01/0012 | 11/01/0015 | Common Stock | 100,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 25,000 | 12/31/0012 | 12/31/0015 | Common Stock | 25,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 50,000 | 02/01/0013 | 05/15/0016 | Common Stock | 50,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 100,000 | 02/01/0013 | 05/15/0016 | Common Stock | 100,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 25,000 | 04/01/0013 | 04/01/0016 | Common Stock | 25,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 25,000 | 07/01/0013 | 07/17/0016 | Common Stock | 25,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | A | 25,000 | 01/01/0014 | 05/15/0017 | Common Stock | 25,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | J(1) | 100,000 | 05/01/0013 | 05/15/0016 | Common Stock | 100,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | J(1) | 75,000 | 06/01/0013 | 05/15/0018 | Common Stock | 75,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | J(1) | 75,000 | 05/01/0014 | 05/15/0017 | Common Stock | 75,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | J(1) | 75,000 | 06/01/0013 | 05/15/0016 | Common Stock | 75,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | J(1) | 75,000 | 06/01/0014 | 06/01/0018 | Common Stock | 75,000 (4) | $ 0.06 | 0 | D | ||||
Incentive Stock Option Award | $ 0.06 | 05/15/2012 | J(1) | 75,000 | 06/01/0015 | 05/15/0018 | Common Stock | 75,000 (4) | $ 0.06 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GROVER ROBERT O |
Co-CEO |
/s/ Robert Grover | 07/23/2015 | |
**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) | Expired (no value) or forfeited by reason of grant. |
(2) | This is a cashless exercise of 25,000 options that result in 19,000 shares of stock being issued. |
(3) | Shares Beneficially Owned following the reported transaction include: Robert Grover: 595,248 Robert O Grover & Heidi K Grover: 133,726 Heidi Grover 55,000 |
(4) | Per Incentive Stock Option Agreement issued under 2009 Equity Incentive Plan on 5/15/12, 850,000 available to earn originally reported on Form 4, Date of Earliest Transaction 05/15/12. The exercise date is broken down into multiple goals in which a number of shares become available for exercise when earned. This is a listing of vested options totaling 375,000 on incentive goals achieved and vested; the remaining 475,000 options have been forfeited. |