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 |
Stock Option (Right to Buy)
|
Â
(1)
|
02/04/2018 |
Common Shares
|
26,748
(2)
|
$
3.71
(3)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(4)
|
12/31/2018 |
Common Shares
|
4,115
(2)
|
$
3.07
(3)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(5)
|
12/31/2019 |
Common Shares
|
3,600
(2)
|
$
3.56
(3)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(6)
|
12/31/2020 |
Common Shares
|
2,057
(2)
|
$
3.76
(3)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(7)
|
12/31/2021 |
Common Shares
|
2,057
(2)
|
$
3.67
(3)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(8)
|
12/31/2022 |
Common Shares
|
3,086
(2)
|
$
2.68
(9)
|
D
|
Â
|
Stock Option (Right to Buy)
|
Â
(10)
|
01/13/2024 |
Common Shares
|
4,115
(2)
|
$
9.85
(11)
|
D
|
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) |
The shares subject to the option fully vested on February 5, 2012. |
(2) |
Reflects a 1-for-4.86 reverse stock split of the Issuer's outstanding shares effected October 1. 2014 (the "Reverse Stock Split"). |
(3) |
The exercise price was converted from $3.74 CAD using the closing rate of exchange of the Bank of Canada on the date of grant, after giving effect to the Reverse Stock Split. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise. |
(4) |
The shares subject to the option fully vested on January 1, 2013. |
(5) |
The shares subject to the option fully vested on January 1, 2014. |
(6) |
25% of the shares subject to the Option vested on the one year anniversary of January 1, 2011 (the "2011 Vesting Commencement Date") and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the 2011 Vesting Commencement Date. |
(7) |
25% of the shares subject to the Option vested on the one year anniversary of January 1, 2012 (the "2012 Vesting Commencement Date") and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the 2012 Vesting Commencement Date. |
(8) |
25% of the shares subject to the Option vested on the one year anniversary of January 1, 2013 (the "2013 Vesting Commencement Date") and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the 2013 Vesting Commencement Date. |
(9) |
The exercise price was converted from $2.67 CDN using the closing rate of exchange of the Bank of Canada on the date of grant, after giving effect to the Reverse Stock Split. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise. |
(10) |
25% of the shares subject to the Option vest on the one year anniversary of January 1, 2014 (the "2014 Vesting Commencement Date") and thereafter 1/48th of the shares subject to the Option vest on each monthly anniversary of the 2014 Vesting Commencement Date. |
(11) |
The exercise price was converted from $10.78 CDN using the closing rate of exchange of the Bank of Canada on the date of grant, after giving effect to the Reverse Stock Split. The actual exercise price is the Canadian dollar amount regardless of the exchange rate on the date of exercise. |