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 |
Series A Convertible Preferred Stock
|
Â
(1)
|
Â
(1)
|
Common Stock
|
1,296,667
|
$
4.5
|
I
|
By Fund
(2)
|
Series A Convertible Preferred Stock
|
Â
(1)
|
Â
(1)
|
Common Stock
|
36,667
|
$
4.5
|
I
|
By LLC
(3)
|
Common Stock Purchase Warrants (right to buy)
|
Â
(4)
|
06/16/2014 |
Common Stock
|
648,334
|
$
4.95
|
I
|
By Fund
(2)
|
Common Stock Purchase Warrants (right to buy)
|
Â
(4)
|
06/16/2014 |
Common Stock
|
18,333
|
$
4.95
|
I
|
By LLC
(3)
|
Unit Warrant (right to buy)
|
Â
(4)
|
06/16/2009 |
Units
(5)
|
68,075
|
$
100
|
I
|
By Fund
(2)
|
Unit Warrant (right to buy)
|
Â
(4)
|
06/16/2009 |
Units
(5)
|
1,925
|
$
100
|
I
|
By LLC
(3)
|
* |
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) |
Each share of Series A Convertible Preferred Stock (the "Series A Preferred Stock") has a stated value of $100 and is initially convertible into Common Stock at the election of the holder based on a conversion price of $4.50 per share. The Series A Preferred Stock has no expiration date, but is redeemable at the option of the holders of a majority of the outstanding shares of Series A Preferred Stock at anytime on or after June 16, 2014. |
(2) |
The securities are owned by Redpoint Omega, L.P. ("RO LP"), which is under common control with Redpoint Omega Associates, LLC ("ROA LLC"). Redpoint Omega, LLC ("RO LLC") is the general partner of RO LP. The Reporting Person is a Managing Director of RO LLC. As such, the Reporting Person shares voting and investment power over the shares held by RO LP and may be deemed to have indirect beneficial ownership of the shares held by RO LP. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein. |
(3) |
The securities are owned by ROA LLC as nominee for its members. The Reporting Person is a Manager of ROA LLC. As such, the Reporting Person shares voting and investment power over the shares held by ROA LLC and may be deemed to have indirect beneficial ownership of the shares held by ROA LLC. The Reporting Person disclaims beneficial ownership of these securities except to the extent of his proportionate pecuniary interest therein. |
(4) |
Immediately exercisable. |
(5) |
Each Unit consists of (i) one share of the Issuer's Series B Convertible Preferred Stock (the "Series B Preferred Stock") with a stated value of $100, which is initially convertible into Common Stock at the election of the holder based on a conversion price of $5.50 per share, subject to adjustment, and (ii) one warrant to purchase that number of shares of Common Stock equal to 50% of the number of shares of Common Stock issuable upon conversion of a share of Series B Preferred Stock, with an exercise price equal to $6.05 per share. |