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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, Section 17(a) of the Public Utility Holding Company Act of 1935 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 Option (Right to Buy) | $ 1.75 | 05/16/2006 | M | 83,333 | 07/31/2005(1) | 07/31/2013 | Common Stock | 83,333 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 2 | 05/16/2006 | M | 83,334 | 08/30/2005(2) | 07/31/2013 | Common Stock | 83,334 | $ 0 | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 1.75 | 05/16/2006 | M | 83,333 | 08/30/2005(3) | 12/02/2013 | Common Stock | 83,333 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
OBRIEN RICK JUSTIN 1500 DRAGON STREET DALLAS, TX 75207 |
President and COO |
/s/Rick J. O'Brien | 05/16/2006 | |
**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) | Represents 83,333 stock options exercised from an aggregate of 250,000 stock options granted to Mr. O'Brien on July 31, 2003. The stock options granted July 31, 2003 initially vested in equal increments over thirty-six months, but were amended on August 30, 2005 with respect to all unvested stock options to vest immediately as of such date. The 83,333 stock options exercised by Mr. O'Brien vested monthly in equal increments of 6,944.41 shares over the period from July 31, 2004 through July 31, 2005. |
(2) | Represents 83,334 stock options exercised from an aggregate of 250,000 stock options granted to Mr. O'Brien on July 31, 2003. The stock options granted July 31, 2003 initially vested in equal increments over thirty-six months, but were amended on August 30, 2005 with respect to all unvested stock options to vest immediately as of such date. The 83,334 stock options exercised by Mr. O'Brien, as disclosed above, vested immediately on August 30, 2005. |
(3) | Represents 83,333 stock options exercised from an aggregate of 250,000 stock options granted to Mr. O'Brien on December 2, 2003. The stock options granted December 2, 2003 initially vested in equal increments over thirty-six months, but were amended on August 30, 2005 with respect to all unvested stock options to vest immediately as of such date. The 83,334 stock options exercised by Mr. O'Brien, as disclosed above, vested monthly in equal increments of 6,944.41 shares over the period from December 2, 2004 through August 30, 2005, at which time all remaining unvested shares immediately vested. |