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) | 08/09/2013(1) | 08/08/2022 | Common Stock | 20,000 | $ 1.51 | D | Â |
Stock option (Right to buy) | 07/29/2014(2) | 07/28/2023 | Common Stock | 15,000 | $ 1.81 | D | Â |
Restricted Stock unit | 08/10/2013(3) | 08/10/2016 | Common Stock | 7,500 | $ 0 | D | Â |
Restricted Stock Unit | 07/29/2014(4) | 07/29/2017 | Common Stock | 10,000 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Christensen Craig A 1700 CARNEGIE AVE SANTA ANA, CA 92705 |
 |  |  Interim CFO, VP, & Controller |  |
/s/ Craig Christensen | 07/18/2014 | |
**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) | Stock option becomes exercisable in a series of four (4) successive equal annual installments measured from the grant date (08/09/2012) |
(2) | Stock option becomes exercisable in a series of four (4) successive equal annual installments measured from the grant date (07/29/2013) |
(3) | Restricted Stock Unit vests in four equal annual installments measured from the grant date of 08/09/2012. The original grant was for 10,000 units, which 2,500 vested and was issued on 08/10/2013 |
(4) | Restricted Stock Unit vest in four equal annual installments measured from the grant date of 07/29/2013 |