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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) | $ 2.71 | 06/02/2009 | A | 1,000,000 | 06/02/2009(1) | 06/02/2016 | Common Stock | 1,000,000 | $ 0 | 1,000,000 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 3.05 | 06/02/2009 | A | 2,000,000 | 06/02/2009(2) | 06/02/2016 | Common Stock | 2,000,000 | $ 0 | 2,000,000 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 4.1 | 06/02/2009 | A | 3,000,000 | 06/02/2009(3) | 06/02/2016 | Common Stock | 3,000,000 | $ 0 | 3,000,000 | D (4) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Campbell Kenneth Lind III 26 TECHNOLOGY DRIVE IRVINE, CA 92618 |
Pres & CEO |
By: John P. Babel, Attorney-in-fact | 06/03/2009 | |
**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) | One quarter of the option vested on 06/02/09, with an additional one quarter vesting on 01/01/10, 01/01/11 and 01/01/12. |
(2) | One quarter of the option vested on 06/02/09, with an additional one quarter vesting on 01/01/10, 01/01/11 and 01/01/12. |
(3) | One quarter of the option vested on 06/02/09, with an additional one quarter vesting on 01/01/10, 01/01/11 and 01/01/12. |
(4) | The Reporting Person?s Form 3 dated, July 31, 2008 and Form 4, dated September 4, 2008, indicated that the Reporting Person may have been deemed to beneficially own the equity securities of the Company held by MP CA Homes, LLC. Effective June 1, 2009, the Reporting Person was no longer a partner in the entity that holds an indirect interest in a limited partner which holds an investment interest and carried interest in the MatlinPatterson Global Opportunities Partners III L.P. and MatlinPatterson Global Opportunities Partners (Cayman) III L.P. funds that hold 100 percent of the membership interests of MP CA Homes LLC. As a result, the reporting person will no longer be including the securities held by MP CA Homes, LLC in the Forms 3, 4, and 5 that may be filed by the Reporting Person pursuant to Section 16. |