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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 | ||||||||
Employee Stock Option (Right to Buy) | $ 7.58 | 09/27/2011(1) | 09/27/2020 | Common Stock | 17,250 | 17,250 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 6.28 | 04/18/2012(2) | 04/18/2021 | Common Stock | 26,236 | 26,236 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 1.91 | 03/29/2013(3) | 03/29/2022 | Common Stock | 29,272 | 29,272 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 6.25 | 04/15/2014(4) | 04/15/2023 | Common Stock | 7,336 | 7,336 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Stemper Cindy J 2400 XENIUM LANE NORTH PLYMOUTH, MN 55441 |
SVP, Human Resources |
Sandra L. Miller, Attorney-in-Fact | 04/05/2013 | |
**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) | On September 27, 2010, the reporting person was granted an option to purchase 17,250 shares of common stock. The option vests equally in three annual installments beginning on September 27, 2011. |
(2) | On April 18, 2011, the reporting person was granted an option to purchase 26,236 shares of common stock. The option vests in three annual installments of 8,746 shares on April 18, 2012; 8,745 shares on April 18, 2013; and 8,745 shares on April 18, 2014. |
(3) | On March 29, 2012, the reporting person was granted an option to purchase 29,272 shares of common stock. The option vests in three annual installments of 9,758 shares on March 29, 2013; 9,757 shares on March 29, 2014; and 9,757 shares on March 29, 2015. |
(4) | On April 15, 2013, the reporting person was granted an option to purchase 7,336 shares of common stock. The option vests in three annual installments of 2,446 shares on April 15, 2014; 2,445 shares on April 15, 2015; and 2,445 shares on April 15, 2016. |
(5) | On April 4, 2013, the Company determined that the performance goals applicable to 17,709 and 8,957 shares of restricted stock granted to the reporting person on March 29, 2012 and April 18, 2011 respectively had not been met. Thus, the 26,666 shares of restricted stock were forfeited. |
(6) | This number includes restricted stock awards. |