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 |
|
| ||||||||||||||||||||||||||||||
|
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) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Director Stock Option (right to buy) | Â (1) | 08/01/2014 | Common Stock | 125,000 | $ 1.76 | D | Â |
Director Stock Option (right to buy) | Â (2) | 09/01/2015 | Common Stock | 62,500 | $ 10.27 | D | Â |
Director Stock Option (right to buy) | Â (3) | 12/01/2015 | Common Stock | 8,929 | $ 13.21 | D | Â |
Director Stock Option (right to buy) | Â (4) | 03/01/2016 | Common Stock | 8,929 | $ 15.06 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Weller Harry R 1119 ST. PAUL STREET BALTIMORE, MD 21202 |
 |  X |  |  |
Louis S. Citron, attorny-in-fact | 05/23/2006 | |
**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 options vest in equal monthly installments over a period of four years beginning on September 1, 2004. |
(2) | The options vest in equal monthly installments over a period of four years beginning on October 1, 2005. |
(3) | The options vest in equal monthly installments over a period of four years beginning on January 1, 2006 |
(4) | The options vest in equal monthly installments over a period of four years beginning on April 1, 2006. |
 Remarks: In addition to the shares reported herein, (i) New Enterprise Associates 10, Limited Partners owns Series B Preferred shares convertible into 8,500,000 shares of Common Stock of the Issuer, Series C Preferred shares convertible into 4,000,000 shares of Common Stock of the Issuer, Series D Preferred shares convertible into 4,750,820 shares of Common Stock, Series E Preferred shares convertible into 3,841,551 shares of Common Stock, and a convertible note for $11,416,250 convertible at a rate of $14.22 per share of Common Stock, (ii) New Enterprise Associates 11, L.P. owns Series D Preferred shares convertible into 5,557,534 shares of Common Stock, Series E Preferred shares convertible into 1,280,517 shares of common stock, and a convertible note for $3,805,416.67 convertible at a rate of $14.22 per share of Common Stock, and (iii) NEA Ventures 2003, L.P. owns Series B Preferred shares convertible into 21,428 shares of Common Stock of the Issuer. The Reporting Person does not have voting nor dispositive power over any of such shares. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the Reporting Person has no actual pecuniary interest therein. |