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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Stock Options (right to buy)
|
Â
(1)
|
10/01/2011 |
Common Stock
|
700
|
$
20.3
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(2)
|
12/14/2011 |
Common Stock
|
480
|
$
35.5
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(2)
|
07/18/2012 |
Common Stock
|
460
|
$
25.45
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(2)
|
11/21/2012 |
Common Stock
|
660
|
$
29.5
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(2)
|
05/12/2013 |
Common Stock
|
750
|
$
14.85
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(2)
|
09/18/2013 |
Common Stock
|
750
|
$
23.55
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(3)
|
05/21/2014 |
Common Stock
|
1,599
|
$
14.8
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(4)
|
07/29/2014 |
Common Stock
|
100
|
$
10.6
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(5)
|
04/25/2015 |
Common Stock
|
2,646
|
$
2.4
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(5)
|
05/19/2015 |
Common Stock
|
1,354
|
$
2.15
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(5)
|
10/10/2015 |
Common Stock
|
5,414
|
$
4.2
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(5)
|
04/17/2016 |
Common Stock
|
20,301
|
$
4.46
|
D
|
Â
|
Stock Options (right to buy)
|
Â
(6)
|
02/05/2017 |
Common Stock
|
25,000
|
$
3.08
|
D
|
Â
|
* |
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) |
The stock options vested and became exercisable with respect to 33% of the underlying shares on 10/1/2002 and with respect to an additional 67% of the underlying shares monthly during the following 2 years. |
(2) |
1/36 of the stock options vested and became exercisable each month following the grant date. |
(3) |
1/2 of the stock options vest on the date that the Company receives approval to market its lead drug candidate for the treatment of lupus and 1/24 of the remaining stock options vest at the end of each month thereafter until all of the stock options are vested. Notwithstanding the foregoing, if marketing approval is not obtained between the grant date and the three year anniversary of the grant date, then 100% of the stock options will vest on the three year anniversary of the grant date. |
(4) |
The stock options vested and became exercisable on the grant date. |
(5) |
1/36 of the stock options vest and become exercisable each month following the grant date. |
(6) |
1/48 of the stock options vest and become exercisable each month following the grant date. |