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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Option to Purchase Common Stock
|
Â
(1)
|
02/20/2018 |
Common Stock
|
8,571
|
$
2.74
|
D
|
Â
|
Option to Purchase Common Stock
|
Â
(1)
|
02/20/2019 |
Common Stock
|
2,857
|
$
3.29
|
D
|
Â
|
Option to Purchase Common Stock
|
Â
(2)
|
06/30/2020 |
Common Stock
|
2,857
|
$
3.29
|
D
|
Â
|
Option to Purchase Common Stock
|
Â
(3)
|
03/07/2021 |
Common Stock
|
2,857
|
$
5.91
|
D
|
Â
|
Option to Purchase Common Stock
|
Â
(4)
|
12/02/2021 |
Common Stock
|
8,571
|
$
7.12
|
D
|
Â
|
Option to Purchase Common Stock
|
Â
(5)
|
03/15/2022 |
Common Stock
|
2,857
|
$
7.12
|
D
|
Â
|
Option to Purchase Common Stock
|
Â
(6)
|
05/28/2023 |
Common Stock
|
2,857
|
$
9.67
|
D
|
Â
|
Series E Convertible Preferred Stock
|
Â
(7)
|
Â
(7)
|
Common Stock
|
28,837
|
$
(7)
|
D
(8)
|
Â
|
* |
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) |
These options are immediately exercisable. |
(2) |
2,142 options are exercisable immediately; the remaining 715 options vest on January 1, 2014. |
(3) |
1,428 options are exercisable immediately; the remaining options vest annually in increments of 714 and 715 on each of January 1, 2014 and 2015, respectively. |
(4) |
2,142 options are exercisable immediately; the remaining options vest annually in increments of 2,143 on each of December 1, 2013, 2014 and 2015, respectively. |
(5) |
714 options are exercisable immediately; the remaining options vest annually in increments of 714, 714 and 715 on each of January 1, 2014, 2015 and 2016, respectively. |
(6) |
These options vest annually in increments of 714, 714, 714 and 715 on each of January 1, 2014, 2015, 2016 and 2017, respectively. |
(7) |
The Series E Convertible Preferred Stock is convertible into Common Stock on a 1-for-1.75 basis into the number of shares of Common Stock as shown in column 3 at any time at the holder's election, and automatically upon (i) the closing of the Issuer's firm commitment underwritten initial public offering in the event it results in net proceeds of at least $100,000,000 and (ii) upon the election of the holders of a majority of the then outstanding shares of such series. Upon conversion, all dividends that have accrued with respect to Series E Preferred Stock will convert into shares of Common Stock at the then current fair market value. The Series E Convertible Preferred Stock has no expiration date. |
(8) |
Held by Cesar L. Alvarez and Kathleen Ryan Alvarez, Husband and Wife, as Tenants by the Entirety. |