|
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 |
|
| ||||||||||||||||||||||||||||||
| ||||||||||||||||||||||||||||||
| 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) |
||
| Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
| Option to purchase Common Stock | Â (2) | 04/01/2015 | Common Stock | 95,738 | $ 2.55 | D | Â |
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Haaijer Eric 259 PROSPECT PLAINS ROAD, BUILDING G P.O. BOX 8000 CRANBURY, NJ 08512 |
 |  |  VP - Commercial Operations |  |
| /s/ Eric Haaijer | 12/07/2006 | |
| **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) | On the Form 3 filed by the reporting person on November 1, 2006 (the "Original Form 3"), 19,698 shares of Common Stock acquired by the reporting person's siblings were inadvertently and incorrectly recorded as indirectly beneficially owned shares of the reporting person. As of the reporting date of November 7, 2006, the reporting person did not and does not have any "direct pecuniary interest" or "indirect pecuniary interest" in these shares, as those terms are defined in Rule 16a-1(a)(2)(i) & (ii) of the Securities and Exchange Act of 1934 ("Exchange Act"). Therefore, pursuant to the foregoing, the Original Form 3 is hereby amended to strike and remove those shares listed as indirectly beneficially owned by the reporting person through his siblings on Table 1 of the Original Form 3. |
| (2) | This Amended Form 3 is being filed, in part, to account for an error of approximately 0.9% in the calculation of the number of options held by the reporting person after the Issuer's recent stock split and reclassification. The reporting person's 95,738 options include 52,656 currently exercisable options (after adjustment for the 0.9% error) disclosed on the Original Form 3, and 43,082 options, which are not currently exercisable and which were unintentionally omitted from the Original Form 3. 20% of the reporting person's options vested on August 13, 2005 and 5% vest on January 1, April 1, July 1 and October 1 of each year over a five year period thereafter. Additionally, 10% of the reporting person's options vested on November 7, 2006, upon consummation of the Issuer's initial public offering of its common stock. Currently, 55% of the reporting person's options are by their terms vested and exercisable. |
|  Remarks: Except as outlined above, the filing of this Form shall not be deemed an admission that the reporting person is a beneficial owner of the securites for purposes of Section 16 of the Securities Exchange Act of 1934 or for any other purposes. | |