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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 | ||||||||
Options | $ 14.89 | 09/16/2014 | A | 10,000 | 09/16/2014 | 09/16/2019 | Common Stock | 10,000 | (2) | 10,000 (2) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Smith Stuart H. 11100 SANTA MONICA BLVD., STE. 380 LOS ANGELES, CA 90025 |
/s/ Stuart H. Smith | 09/18/2014 | |
**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) | Represents 3,089 shares of restricted common stock granted to the Reporting Person pursuant to the Issuer's 2014 Equity Incentive Plan (the "Plan") as contemplated in the Issuer's 2014 Non-Employee Director Compensation Plan (the "Director Plan), subject to shareholder approval of the Plan and shareholder approval of those provisions of the Director Plan which entitle the Issuer's non-employee directors to convert all or part of their cash retainer fees into equity of the Issuer. |
(2) | Represents 10,000 options to purchase shares of the Issuer's common stock, which shall vest in 12 equal installments over a 12 month period beginning on September 16, 2014. subject to shareholder approval of the Plan. |