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 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 | ||||
Employee Stock Options (right to buy) (1) | 03/19/2019(2) | 03/19/2028 | Common Stock | 250,000 | $ 2.38 | D | |
Employee Stock Options (right to buy) (1) | 07/07/2018(3) | 06/07/2028 | Common Stock | 100,000 | $ 1.68 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
COLLINS CHRISTINE 111 NUECES STREET AUSTIN, TX 78701 |
CTO |
/s/ Christine Collins | 08/02/2019 | |
**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) | Grant of employee stock options (right to buy) ("Options") pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan. |
(2) | These Options vest one-quarter on the first anniversary of the grant date, i.e., 25% or 62,500 Options vest on the first anniversary of the grant date. The balance of 75%, or 187,500 Options, vest and become exercisable monthly over the following three years beginning in April 2019. The Options will be fully vested on the anniversary of the grant date in 2022. |
(3) | These Option vest and become exercisable on a monthly basis beginning July 7, 2018. |