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 | ||||
Common Stock Options (right to buy) | 12/13/2011 | 12/13/2021 | Common Stock | 1,125,008 (1) | $ 4 | D | Â |
Common Stock Options (right to buy) | 12/13/2011 | 12/13/2021 | Common Stock | 250,000 (2) | $ 4 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Rhodes Anna 460 PARK AVENUE, 17TH FLOOR NEW YORK, NY 10022 |
 |  X |  |  |
/s/ Anna Rhodes | 06/14/2012 | |
**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 shares underlying the option shall become exercisable during the term of Reporting Person's employment in twelve (12) quarterly installments, the first four (4) installments consisting of 93,750 shares covered by the option and the remaining eight (8) installments consisting of 93,751 shares covered by the option, the first installment to be exercisable on December 31, 2011, with each additional becoming exercisable at the end of each fiscal quarter ending on March 31, June 30, September 30 and December 31, respectively. |
(2) | The shares underlying the option are exercisable immediately. |