01/10/2025 | Press release | Distributed by Public on 01/10/2025 15:01
FORM 3
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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 | ||||
Restricted Stock Units | (2) | (2) | Common Stock | 7,139 | (1) | D | |
Restricted Stock Units | (3) | (3) | Common Stock | 7,998 | (1) | D | |
Restricted Stock Units | (4) | (4) | Common Stock | 14,519 | (1) | D | |
Restricted Stock Units | (5) | (5) | Common Stock | 27,253 | (1) | D | |
Options (Right to Buy) | (6) | 03/17/2030 | Common Stock | 9,500 | $2.14 | D | |
Options (Right to Buy) | (7) | 06/12/2030 | Common Stock | 515 | $2.61 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Begler Michael 105 EDGEVIEW DRIVE STE 300 BROOMFIELD, CO 80021 |
EVP, COO |
/s/ Crystal L. Gordon, Attorney-in-Fact for Michael Begler | 01/10/2025 |
**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) | Each restricted stock unit ("RSU") represents the contingent right to receive one share of the Company's common stock or its equivalent value in cash. |
(2) | On March 29, 2021, the reporting person was granted 28,557 RSUs, vesting in four equal annual installments on the first four anniversaries thereof, subject to continued employment with the Company (21,418 of which previously vested). |
(3) | On March 24, 2022, the reporting person was granted 15,997 RSUs, vesting in four equal annual installments on the first four anniversaries thereof, subject to continued employment with the Company (7,999 of which previously vested). |
(4) | On March 3, 2023, the reporting person was granted 19,359 RSUs, vesting in four equal annual installments on the first four anniversaries thereof, subject to continued employment with the Company (4,840 of which previously vested). |
(5) | On April 1, 2024, the reporting person was granted 27,253 RSUs, vesting in four equal annual installments on the first four anniversaries thereof, subject to continued employment with the Company (none of which have vested). |
(6) | These options were granted on March 17, 2020 and became fully vested and exercisable in four installments on each anniversary thereof. |
(7) | These options were granted on June 12, 2020 and became fully vested and exercisable in four installments on each anniversary thereof. |
Remarks: Ex. 24.1 Power of Attorney |