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 | ||||
Employee Stock Option (right to buy) | Â (1) | 12/12/2013 | Common Stock | 28,316 | $ 10.13 | D | Â |
Employee Stock Option (right to buy) | Â (2) | 12/12/2013 | Common Stock | 1,684 | $ 10.13 | D | Â |
Employee Stock Option (right to buy) | Â (3) | 02/09/2010 | Common Stock | 14,385 | $ 2.74 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Esposito Denise 2273 RESEARCH BLVD. ROCKVILLE, MD 20850 |
 |  |  SVP Legal Affairs & GC |  |
/s/R. Don Elsey, attorney in fact | 04/03/2007 | |
**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) | The option will vest with respect to 8,574 shares of Common Stock on December 12, 2007 and will vest with respect to the remaining 19,742 shares in two equal installments on December 12, 2008 and December 12, 2009. |
(2) | The option will vest with respect to 1,426 shares of Common Stock on December 12, 2007 and will vest with respect to the remaining 258 shares in two equal installments on December 12, 2008 and December 12, 2009. |
(3) | The option is vested with respect to 9,590 shares of Common Stock and will vest with respect to the remaining 4,795 shares on December 31, 2007. |
 Remarks: Exhibit List: Exhibit 24 - Power of Attorney |