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 Options | 07/29/2006(1) | 07/29/2015 | Common Stock | 1,200 | $ 16.52 | D | Â |
Stock Options | 06/12/2007(2) | 06/12/2016 | Common Stock | 7,500 | $ 13.58 | D | Â |
Stock Options | 05/11/2008(3) | 05/11/2017 | Common Stock | 15,000 | $ 9.71 | D | Â |
Stock Options | 05/05/2009(4) | 05/05/2018 | Common Stock | 13,000 | $ 9.01 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Thorpe Chad A. 44 COOK STREET, 4TH FLOOR DENVER, CO 80206 |
 |  |  RVP of Operations |  |
Julie Pierce on behalf of Chad A. Thorpe | 07/02/2008 | |
**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) | The option is exercisable as to shares for which the option is vested. The option will vest as to 20% of the shares (240 shares) after one year (July 29, 2006) and 20% each year thereafter, subject to accelerated vesting upon a change in control. |
(2) | The option is exercisable as to shares for which the option is vested. The option will vest as to 25% of the shares (1,875 shares) after one year (June 12, 2007) and ratable monthly vesting thereafter (approximately 156 per month), subject to accelerated vesting upon a change in control. |
(3) | The option is exercisable as to shares for which the option is vested. The option will vest as to 25% of the shares (3,750 shares) after one year (May 11, 2008) and ratable monthly vesting thereafter (approximately 312 per month), subject to accelerated vesting upon a change in control. |
(4) | The option is exercisable as to shares for which the option is vested. The option will vest as to 25% of the shares (3,250 shares) after one year (May 5, 2009) and ratable monthly vesting thereafter (approximately 271 per month), subject to accelerated vesting upon a change in control. |
(5) | These shares are subject to restrictions. The restrictions on the shares of restricted stock lapse as to 666 shares on May 5, 2009; 667 shares on May 5, 2010; and 667 shares on May 5, 2011. |