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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) |
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 | ||||||||
Employee Stock Options (right to buy) (1) | $ 5.12 | 04/17/2020 | A | 20,956 | 05/17/2020(2) | 04/17/2030 | Common Stock | 20,956.00 | $ 0 | 20,956 | D | ||||
Employee Stock Options (right to buy) (1) | $ 0.70 | 02/10/2017(2) | 01/10/2027 | Common Stock | 20,000.00 | 20,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 0.65 | 12/02/2016(2) | 11/02/2026 | Common Stock | 25,000.00 | 25,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 4.18 | 06/29/2015(2) | 05/29/2025 | Common Stock | 25,000.00 | 25,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 2.56 | 09/03/2015(2) | 08/03/2025 | Common Stock | 10,000.00 | 10,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 1.04 | 07/09/2016(2) | 06/09/2026 | Common Stock | 30,000.00 | 30,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 1.09 | 08/04/2018(3) | 08/03/2027 | Common Stock | 50,000.00 | 50,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 1.43 | 12/09/2017(4) | 12/09/2025 | Common Stock | 12,250.00 | 12,250 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 0.71 | 02/02/2019(4) | 02/02/2027 | Common Stock | 36,675.00 | 36,675 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 1.68 | 07/07/2018(2) | 06/07/2028 | Common Stock | 40,000.00 | 40,000 | D | ||||||||
Employee Stock Options (right to buy) (1) | $ 3.88 | 06/21/2019(2) | 05/21/2029 | Common Stock | 25,000.00 | 25,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WESCH DAVID 110 SAN ANTONIO STREET SUITE 160 AUSTIN, TX 78701 |
Chief Accounting Officer |
/s/ David Wesch | 04/27/2020 | |
**Signature of Reporting Person | Date |
* | 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) | Employee stock options (right to buy)("Options") granted pursuant to Issuer's 2011 Amended and Restated Equity Incentive Plan. |
(2) | Options vest over three years. Vesting occurs monthly, in equal installments, over a period of thirty-six months beginning one month after date of grant (i.e., the date indicated). |
(3) | Options vest over three years. One-third of the Options vest on the first anniversary of the grant date (i.e., the date indicated), and the balance vests proportionately each month during the remaining two years. |
(4) | Options vest over four years: 50% vest on the 2-year anniversary of the grant date (i.e., the date indicated), and remaining 50% vest on the 4-year anniversary of the grant date. |