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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 | ||||||||
Warrants | $ 1.51 | 07/20/2007 | P | 359,920 (1) | 07/20/2007 | 07/20/2012 | Common Stock | 359,920 (1) | $ 0 | 359,920 (1) | I (1) | By Limited Partnerships (1) | |||
8% Convertible Notes | $ 1.26 | 07/20/2007 | P | $ 907,000 (2) | 07/20/2007 | 07/20/2010 | Common Stock | 719,841 (2) | $ 907,000 | 719,841 (2) | I (2) | By Limited Partnerships (2) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Becker Steven R 300 CRESCENT COURT SUITE 1111 DALLAS, TX 75201 |
X |
/s/ Steven R. Becker | 07/24/2007 | |
**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) | Represents warrants held directly by SRB Greenway Capital, L.P. ("LP"), SRB Greenway Capital (QP, L.P. ("QP") and SRB Greenway Offshore Operating Fund, L.P. ("Offshore"). LP directly holds a warrant exercisable for 35,873 shares of common stock, QP directly holds a warrant exercisable for 311,071 shares of common stock and Offshore holds a warrant exercisable for 12,976 shares of common stock. The reporting person disclaims beneficial ownership in the securities directly held by LP, QP and Offshore, except to the extent of his pecuniary interest. |
(2) | Represents convertible notes held directly by SRB Greenway Capital, L.P. ("LP"), SRB Greenway Capital (QP, L.P. ("QP") and SRB Greenway Offshore Operating Fund, L.P. ("Offshore"). LP directly holds a convertible note convertible into 71,746 shares of common stock, QP directly holds a convertible note convertible into 622,143 shares of common stock and Offshore holds a convertible note convertible into 25,952 shares of common stock. The reporting person disclaims beneficial ownership in the securities directly held by LP, QP and Offshore, except to the extent of his pecuniary interest. |