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 | ||||
Non-Qualified Stock Option (right to buy) | 07/11/2011(1) | 02/10/2020 | Common Stock | 8,699 | $ 0.77 | D | Â |
Non-Qualified Stock Option (right to buy) | 07/09/2011(2) | 12/08/2020 | Common Stock | 28,544 | $ 0.77 | D | Â |
Non-Qualified Stock Option (right to buy) | 10/20/2012(3) | 10/20/2018 | Common Stock | 10,500 | $ 6.31 | D | Â |
Non-Qualified Stock Option (right to buy) | 07/08/2012(3) | 07/08/2018 | Common Stock | 10,500 | $ 8.39 | D | Â |
Restricted Stock Units | 01/01/2013(4) | Â (5) | Common Stock | 9,000 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Barden Fred 5435 NE DAWSON CREEK DRIVE HILLSBORO, OR 97124 |
 |  |  VP Worldwide Sales |  |
By: Allen Muhich, Attorney-In-Fact For: Fred Barden | 01/31/2012 | |
**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) | Option is exercisable for 1/31st of the total option shares each month commencing July 11, 2011 and a portion of the shares are considered a Contingent Assumed Option that will only be released and available for exercise if and to the extent that Per Share Contingent Payment Amounts are paid to former stockholders of Continuous Computing. |
(2) | Option is exercisable for 1/41st of the total option shares each month commencing July 9, 2011 and a portion of the shares are considered a Contingent Assumed Option that will only be released and available for exercise if and to the extent that Per Share Contingent Payment Amounts are paid to former stockholders of Continuous Computing. |
(3) | Vesting schedule is one year from the date of grant, option shall be exercisable for one-third of the total option shares and shall be exercisable in monthly increments equal to 1/36th of the total option shares, cumulatively, each month thereafter. |
(4) | Restricted stock units vest 33% per year on the anniversary of the grant date. One share of Common Stock will be automatically delivered to the reporting person for each restricted stock unit that vests. |
(5) | N/A |