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 | ||||
Employee Stock Option (right to buy) | 06/10-06:00/2016(1) | 06/10-06:00/2026 | Common Stock | 100,000 | $ 0.36 | D | Â |
Employee Stock Option (right to buy) | 01/20-07:00/2017(2) | 01/20-07:00/2027 | Common Stock | 75,000 | $ 0.16 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Wright Nikolas Wilson 2620 FINANCIAL COURT SUITE 100 SAN DIEGO, CA 92117 |
 |  |  Vice President, Operations |  |
/s/ Anthony G. Mauriello, as attorney-in-fact | 01/18-07:00/2018 | |
**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) | This stock option was granted on June 10, 2016 and vests over two years subject to the optionee's continuing to provide services, 50% of the shares subject to the option became immediately exercisable one year after June 10, 2016, and 50% of the shares vest and become exercisable on June 10, 2018. |
(2) | This stock option was granted on January 20, 2017 and vests subject to management discretion and the optionee's continuing to provide services, 75% of the shares subject to the option became immediately exercisable at management's discretion after January 20, 2017, and 25% of the shares vest and become exercisable at management's discretion. |
 Remarks: Exhibit 24.1 attached. |