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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 | ||||||||
Non-Qualified Stock Option (right to buy) | $ 3.4 | 03/26/2012 | M | 6,999 | 01/06/2003 | 01/06/2013 | Common Stock | 6,999 | $ 0 | 0 | D | ||||
Incentive Stock Option (right to buy) | $ 4.4 | 03/26/2012 | M | 1,876 | 11/04/2008 | 11/03/2018 | Common Stock | 1,876 | $ 0 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 4.4 | 03/26/2012 | M | 23,123 | 11/04/2008 | 11/03/2018 | Common Stock | 23,123 | $ 0 | 0 | D | ||||
Incentive Stock Option (right to buy) | $ 4.5 | 03/26/2012 | M | 1,625 | 11/10/2009 | 11/09/2019 | Common Stock | 1,625 | $ 0 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 4.96 | 03/26/2012 | M | 7,218 | 12/31/2010 | 12/30/2020 | Common Stock | 7,218 | $ 0 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 4.5 | 03/26/2012 | M | 13,541 | 11/10/2009 | 11/09/2019 | Common Stock | 13,541 | $ 0 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 7.72 | 03/26/2012 | M | 1 | 03/30/2009(7) | 01/31/2013(7) | Common Stock | 1 | $ 0 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 8.08 | 03/26/2012 | M | 1 | 03/30/2009(8) | 01/31/2013(8) | Common Stock | 1 | $ 0 | 0 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 5.06 | 03/26/2012 | M | 1 | 01/31/2007(2) | 04/30/2012(2) | Common Stock | 1 (2) | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GRIEVE ROBERT B 3760 ROCKY MOUNTAIN AVENUE LOVELAND, CO 80538 |
X | Chief Executive Officer |
By: Jason A. Napolitano For: Robert B. Grieve | 03/26/2012 | |
**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) | Includes one share jointly owned with Jason Napolitano. |
(2) | Represents a combination of stock option exercises involving fractional shares: 0.6 shares at a price of $3.40 per share from a stock option granted to Dr. Grieve on 01/6/2003 exercisable on 01/06/04 with expiration date 01/06/13, 0.2 shares at a price of $8.10 per share from a stock option granted to Jason Napolitano on 04/30/02 exercisable on 04/30/02 with expiration date 04/30/12, 0.1 shares at a price of $7.00 per share from a stock option granted on 5/31/02 exercisable on 5/31/06 with expiration date 5/31/12 and 0.1 shares at a price of $7.00 per share from a stock option granted on 1/31/03 exercisable on 1/31/07 with expiration date 1/31/13. Dr. Grieve offered to deliver shares valued at $2.04 and Jason Napolitano offered to deliver $3.02 in cash for these stock option exercises. |
(3) | Dr. Grieve offered to deliver 30,141 previously owned shares to fulfill all exercise price and minimum statutory tax withholding obligations for his stock option exercises referenced herein. |
(4) | Gifts under the Uniform Gifts to Minors Act to minor daughter (Megan Grieve) who shares reporting person's household. The reporting person is the custodian of such shares but disclaims beneficial ownership of these shares. |
(5) | Gifts under the Uniform Gifts to Minors Act to minor daughter (Madeline Grieve) who shares reporting person's household. The reporting person is the custodian of such shares but disclaims beneficial ownership of these shares. |
(6) | Dr. Grieve disclaims beneficial ownership of all securities of the Issuer owned by his wife. |
(7) | Represents a combination of stock option exercises involving fractional shares: 0.6 shares at a price of $7.00 per share from a stock option granted on 01/31/2003 with expiration date 01/31/2013 and 0.4 shares at a price of $8.80 from a stock option granted on 3/30/2005 with expiration date 03/30/2015. |
(8) | Represents a combination of stock option exercises involving fractional shares: 0.5 at a price of $8.80 per share from a stock option granted on 03/30/2005 with expiration date 03/30/2015, 0.4 shares at a price of $7.00 from a stock option granted on1/31/2003 with expiration date 01/31/2013 and 0.1 share at a price of $8.80 from a stock option granted on 3/30/2005 with expiration date 03/30/2015. |