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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 (right to buy) | $ 1 | 10/26/2009 | M(1) | 5,000 | (9) | 05/20/2012 | Common Stock | 5,000 | $ 0 | 17,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Culhane Mark ONE CIRCLE STAR WAY SUITE 200 SAN CARLOS, CA 94070 |
EVP & Chief Financial Officer |
By: Michael McAdam, Attorney in Fact For: Mark A. Culhane | 10/27/2009 | |
**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) | Automatic option exercise and same-day sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 29, 2008. |
(2) | Average sale price of $8.552 consists of the following trades: 200 shares were sold at $8.49 per share, 200 at $8.50, 200 at $8.51, 500 at $8.52, 400 at $8.53, 200 at $8.54, 500 at $8.55, 400 at $8.555, 300 at $8.56, 1400 at $8.57, 100 at $8.58, 200 at $8.59, 300 at $8.60, and 100 shares were sold at $8.61 per share. |
(3) | Sale effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on October 29, 2008. |
(4) | Average sale price of $8.552 consists of the following trades: 300 shares were sold at $8.49 per share, 600 at $8.50, 828 at $8.51, 1300 at $8.52, 1200 at $8.53, 100 at $8.5375, 500 at $8.54, 100 at $8.545, 2172 at $8.55, 1800 at $8.555, 1400 at $8.56, 2400 at $8.57, 400 at $8.58, 500 at $8.59, 1000 at $8.60, and 400 shares were sold at $8.61 per share. |
(5) | Shares held by Culhane Family Revocable Trust dated 12/16/99 |
(6) | Shares held by Maxwell A. R. Culhane 1999 Irrevocable Trust |
(7) | Shares held by Michael D. Culhane 1999 Irrevocable Trust |
(8) | Shares held by Monica G. Culhane 1999 Irrevocable Trust |
(9) | The stock option is fully vested and exercisable. |