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 | ||||
Stock Option (Right to Buy) | 11/04/2004(1) | 11/03/2014 | Common Stock | 11,333 | $ 6 | D | Â |
Stock Option Right to Buy | 11/04/2004(2) | 11/03/2014 | Common Stock | 3,333 | $ 6 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Griffiths Gary A C/O RACKABLE SYSTEMS, INC. 1933 MILMONT DRIVE MILPITAS, CA 95035 |
 X |  |  |  |
William P. Garvey as Attorney-in-Fact for Gary A. Griffiths | 06/09/2005 | |
**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) | 1/48th of the shares vest for each month of service as a director from November 4, 2004. The shares may be exercised prior to vesting, subject to the Company's right of repurchase. |
(2) | The Vesting Commencement Date shall be the closing date of the Company's initial public offering. 1/48th of the shares vest for each month of service as Chairman of the Nominating and Corporate Governance Committee following the Vesting Commencement Date. All of the shares shall vest on November 4, 2009. The shares may be exercised prior to vesting, subject to the Company's right of repurchase. |