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, 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. | 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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BUBECK JAMES 2450 N ST NW WASHINGTON, DC 20037 |
 |  |  Chief Revenue Officer |  |
James Bubeck | 10/01/2015 | |
**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) | 5,900 of these shares are granted pursuant to restricted stock awards from 2014 and 2015 that vest in quarterly increments through October of 2019. A restricted stock award for 900 shares vests in increments of 69 or 70 shares a quarter commencing on December 1, 2015. A restricted stock award for 5,000 shares provides that 1,250 shares will vest on October 1, 2016 and subsequent quarterly vesting will be in increments of 312 or 313 shares per quarter thereafter. The 5,000 share grant contains an acceleration clause for death, disability and, subject to certain conditions, a Change of Control. All 5,900 shares the subject of the restricted stock awards have voting rights. The grant documents are filed as exhibits to a periodic report on Form 8-K dated October 1, 2015. |
(2) | A portion of these securities is not vested. |