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 |
Option to purchase Ordinary Shares
|
Â
(1)
|
03/01/2021 |
Ordinary Shares
|
300,000
|
$
0.1736
(5)
|
D
|
Â
|
Option to purchase Ordinary Shares
|
Â
(2)
|
01/01/2023 |
Ordinary Shares
|
200,000
|
$
0.1671
(6)
|
D
|
Â
|
Option to purchase Ordinary Shares
|
Â
(3)
|
04/15/2024 |
Ordinary Shares
|
500,000
|
$
0.1671
(7)
|
D
|
Â
|
Option to purchase Ordinary Shares
|
Â
(4)
|
12/19/2024 |
Ordinary Shares
|
1,000,000
|
$
0.5308
(8)
|
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) |
Curently exercisable as to 300,000 Ordinary Shares. |
(2) |
Currently exercisable as to 150,000 Ordinary Shares and will be exercisable as to 50,000 Ordinary Shares on January 1, 2017. |
(3) |
Exercisable as to 125,000 Ordinary Shares on April 15, 2015 and exercisable as to the remainder ratably in annual installments on the fifteenth of April from April 15, 2016 through April 15, 2018. |
(4) |
Exercisable as to 250,000 Ordinary Shares on December 19, 2015 and will be exercisable as to the remainder in monthly installments of 20,800 Ordinary Shares on the nineteenth of each month from January 19, 2016 through November 19, 2018, and in one installment of 22,000 Ordinary Shares on December 19, 2018. |
(5) |
The exercise price was converted from GBP0.1163 based on the noon buying rate of the Federal Reserve Bank of New York for the U.S. dollar on the date of grant. The actual exercise price will be the pounds sterling amount regardless of the exchange rate on the date of grant or of exercise. |
(6) |
The exercise price was converted from GBP0.112 based on the noon buying rate of the Federal Reserve Bank of New York for the U.S. dollar on the date of grant. The actual exercise price will be the pounds sterling amount regardless of the exchange rate on the date of grant or of exercise. |
(7) |
The exercise price was converted from GBP0.112 based on the noon buying rate of the Federal Reserve Bank of New York for the U.S. dollar on the date of grant. The actual exercise price will be the pounds sterling amount regardless of the exchange rate on the date of grant or of exercise. |
(8) |
The exercise price was converted from GBP0.3557 based on the noon buying rate of the Federal Reserve Bank of New York for the U.S. dollar on the date of grant. The actual exercise price will be the pounds sterling amount regardless of the exchange rate on the date of grant or of exercise. |