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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 | ||||||||
Director Stock Option (Right to Buy) | $ 11.99 | 06/08/2006 | A | 8,929 | (1) | 06/08/2016 | Common Stock | 8,929 | $ 0 | 8,929 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BARRIS PETER J 1119 ST. PAUL STREET BALTIMORE, MD 21202 |
X | X |
/s/ Louis S. Citron, attorney-in-fact | 06/12/2006 | |
**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) | The options vest in equal monthly installments over a period of four years beginning on July 1, 2006. |
Remarks: In addition to the shares reported herein, (i) the Reporting Person holds a stock option granted on August 1, 2004 for 125,000 shares of Common Stock, a stock option granted on September 1, 2005 for 62,500 shares of Common Stock, a stock option granted on December 1, 2005 for 8,929 shares of Common Stock, and a stock option granted on March 1, 2006 for 8,929 shares of Common Stock, (ii) New Enterprise Associates 10, Limited Partnership ("NEA 10") owns (a) 21,092,317 shares of Common Stock and (b) a convertible note for $11,416,250 convertible at a rate of $14.22 per share of Common Stock and (iii) New Enterprise Associates 11, L.P. ("NEA 11") owns (a) 6,838,051 shares of Common Stock and (b) a convertible note for $3,805,416.67 convertible at a rate of $14.22 per share of Common Stock. The Reporting Person is (i) a general partner of NEA Partners 10, Limited Partnership, which is the general partner of NEA 10, and (ii) a manager of NEA 11 GP, LLC, which is the general partner of NEA Partners 11, Limited Partnership, which is in turn the general partner of NEA 11. These holdings have been previously reported. Also, NEA Ventures 2003, L.P. owns 21,428 shares of Common Stock of the Issuer as a result of the conversion of the Series B Preferred Stock. The Reporting Person does not have voting nor dispositive powers over the holdings of NEA Ventures 2003, L.P. The Reporting Person disclaims beneficial ownership, within the meaning of Section 16 of the Securities Exchange Act of 1934, as amended, of such portion of those shares in which the Reporting Person has no actual pecuniary interest therein. |