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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 | ||||||||
Stock Options | $ 0.035 | 01/22/2014 | M | 100,000 (2) | 09/07/2011 | 06/25/2018 | Common Stock | 100,000 | $ 0 | 2,100,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Capponi Vincent 7 DEER PARK DRIVE, SUITE K MONMOUTH JUNCTION, NJ 08852 |
Chief Operating Officer |
/s/ Vincent Capponi | 01/28/2014 | |
**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) | The shares of common stock sold by Mr. Capponi pursuant to a 10b5-1 trading plan, adopted by the reporting person on June 14, 2011. |
(2) | These stock options were granted to Mr. Capponi on June 25, 2008. |
(3) | As reported on prior Form 4s these shares consist of (a) 418,086 shares of common stock; (b) 50,000 stock options with an exercise price of $1.65 that expire on 12/31/2016; (c) 1,100,000 stock options with an exercise price of $0.25 that expire on 1/16/2018 (d) 2,100,000 stock options with an exercise price of $0.035 that expire on 6/25/2018; (e) 400,000 stock options with an exercise price of $0.168 that expire on 1/28/2019; (f) 500,000 stock options with an exercise price of $0.173 that expire on 1/4/2020; (g) 2,032,500 stock options with an exercise price of $0.138 that expire on 5/5/2020; and (h) 1,550,000 stock options with an exercise price of $0.115 that expire on 4/4/2023. |