4: Statement of changes in beneficial ownership of securities
Published on December 22, 2014
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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 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) |
(e.g., puts, calls, warrants, options, convertible securities)
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 | ||||||||
Stock Option (Right to Buy) | $ 1.47 | 12/19/2014 | X | 4,107 | 12/26/2006(1) | 12/25/2016 | Common Stock | 0 | $ 1.47 | 0 | D | ||||
Stock Option (Right to Buy) | $ 0.62 | 12/19/2014 | X | 4,000 | 12/31/2009(2) | 02/02/2019 | Common Stock | 0 | $ 0.62 | 0 | D | ||||
Stock Option (Right to Buy) | $ 1.47 | 12/19/2014 | X | 500 | 02/13/2007(3) | 02/12/2017 | Common Stock | 0 | $ 1.47 | 0 | D | ||||
Stock Option (Right to Buy) | $ 1.45 | 02/19/2014 | X | 23,782 | 05/20/2012(4) | 05/19/2016 | Common Stock | 0 | $ 1.45 | 26,218 | D | ||||
Stock Option (Right to Buy) | $ 1.69 | 04/12/2012(5) | 04/12/2017 | Common Stock | 0 | 25,000 | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HOREL ROBERT H. 12701 COMMONWEALTH DRIVE SUITE 9 FORT MYERS, FL US 33913 |
Vice President andGM PathLogic |
Signatures
/s/ Robert H. Horel | 12/22/2014 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | 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) | On December 26, 2006 Mr. Horel was granted 30,000 stock options. There was immediate vesting of 4,000 shares and the remaining shares had a combination of time based and performance based vesting. There were 8,000 shares cancelled from this grant. |
(2) | On February 2, 2009 Mr. Horel was granted 6,000 stock options. These shares had performance based vesting and the first performance milestone was on December 31, 2009. There were 2,000 shares cancelled from this grant because of a missed performance milestone. |
(3) | On February 13, 2007 Mr. Horel was granted 500 stock options which had immediate vesting. |
(4) | On May 20, 2011 Mr. Horel was granted 50,000 stock options. These shares vest ratably over the first four anniversaries of the grant date. |
(5) | On April 12, 2012 Mr. Horel was granted 25,000 stock options. There was immediate vesting of 6,250 shares and then 6,250 shares will vest on each of the first three anniversaries of the grant date. |