UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option | Â (1) | 10/28/2014 | Common Stock | 20,000 | $ 1.44 | D | Â |
Stock Option | Â (2) | 03/02/2012 | Common Stock | 5,000 | $ 1.86 | D | Â |
Stock Option | Â (3) | 08/05/2014 | Common Stock | 40,000 | $ 2.28 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Naccarato Ben 1875 HADFIELD BLVD. ROSWELL, GA 30075 |
 |  |  Interim CFO |  |
/s/Ben Naccarato | 10/27/2008 | |
**Signature of Reporting Person | Date |
* | 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) | Incentive Stock Option granted 10/28/2004 under the Company's 2004 Stock Option Plan. The Option is fully vested. |
(2) | Incentive Stock Option granted under the Company's 2004 Stock Option Plan on 3/2/2006. The Option is for a 6 year period and vests over a 3 year period, at 1/3 increment per year. |
(3) | Incentive Stock Option granted 8/5/2008 under the Company's 2004 Stock Option Plan. The Option is for a 6 year period and vests over a 3 year period at 1/3 increment per year. |