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 | ||||
Stock Options (1) | 09/30/2005 | 12/31/2014 | Common Stock | 71,808 | $ 8.52 | D | Â |
Stock Options (2) | 12/31/2004 | 12/31/2014 | Common Stock | 17,952 | $ 8.52 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Skurka Howard SKURKA AEROSPACE INC. 4600 CALLE BOLERO, P.O. BOX 2869 CAMARILLO, CA 93011 |
 |  |  Pres. (Skurka Aerospace) |  |
Deanna M. Campbell, Attorney-in-Fact for Howard Skurka | 03/14/2006 | |
**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) | Vesting is based on achievement of annual and cumulative performance metrics at 12.5% for each year from 2005 go 2008, then at 50% in 2008; subject to accelerated vesting upon sales of shares of common stock by certain investors of issuer. |
(2) | Vests over time in 25% increments starting on grant date and annually on the next three anniversary dates. |