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 |
Performance share (right to receive)
|
Â
(3)
|
Â
(3)
|
Common stock, par value $.01 per share
|
2,234
|
$
0
|
D
|
Â
|
Stock option (employee right to buy)
|
11/21/2011(4)
|
11/21/2018 |
Common stock, par value $.01 per share
|
3,334
|
$
3.65
|
D
|
Â
|
* |
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 reporting person was granted restricted stock under the Issuer's 2002 Equity Incentive Plan on February 16, 2010. The vesting of this restricted stock is in three equal installments, which began on February 16, 2011. |
(2) |
The reporting person was granted restricted stock under the Issuer's 2002 Equity Incentive Plan on February 15, 2011. This restricted stock vests in three equal installments beginning on February 15, 2012. |
(3) |
Each performance share represents a contingent right to receive a share of the Issuer's common stock based on the Issuer's performance during the performance period of the fiscal year 2010 (the "2010 Period") and the award of 3,350 shares of common stock granted to the reporting person on March 15, 2011 as a result of the Company's performance during the 2010 Period. One-third of the 3,350 shares were vested as of March 15, 2011 and the remaining shares vest ratably over the second and third anniversaries of the grant date. In order for the reporting person to receive these performance shares on the second and third anniversaries of the grant date, the reporting person must be an employee of the Issuer on such dates. |
(4) |
The reporting person was granted this stock option on November 21, 2008. |