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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 | ||||||||
Common Stock Purchase Warrants | $ 0.95 | 09/07/2011 | X | 198,546 | (3) | 09/24/2011 | Common Stock | 198,546 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
OAK HILL CAPITAL PARTNERS L P 201 MAIN STREET SUITE 2300 FORT WORTH, TX 76102 |
X |
OAK HILL CAPITAL PARTNERS, L.P. By: OHCP GenPar, L.P., general partner, By: OHCP MGP, LLC, general partner, By: /s/ Kevin G. Levy, Vice President | 09/09/2011 | |
**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 7, 2011, the Reporting Person exercised a warrant to purchase 198,546 shares of Common Stock for $0.95 per share. The Reporting Person paid the exercise price on a cashless basis, resulting in the Issuer's withholding of 44,381 of the warrant shares to pay the exercise price and issuing to the Reporting Person the remaining 154,165 shares. |
(2) | The price reflects the fair market value of the Common Stock on September 7, 2011. |
(3) | This warrant is immediately exercisable. |
Remarks: (+) The Reporting Person may be deemed to be a member of a Section 13(d) "group" that owns more than 10% of the outstanding common stock of the Issuer. However, the Reporting Person disclaims such group membership and this report shall not be deemed an admission that the Reporting Person is a member of a Section 13(d) group that owns more than 10% of the Issuer's outstanding common stock for purposes of Section 16 or for any other purpose. |