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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 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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McCarthy Dennis J. C/O ASTON CAPITAL, LLC, 177 BROAD STREET STAMFORD, CT 06901 |
X |
/s/ Dennis J. McCarthy | 04/11/2016 | |
**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) | On April 17, 2015, the Compensation Committee of the Issuer's Board of Directors approved a grant of 60,000 shares (the "2015 Shares") of restricted common stock, par value $0.001 per share (the "Common Stock") to Mr. McCarthy with equal vesting over three years and with the first such vesting date being April 1, 2016. Effective as of March 11, 2016, the Issuer implemented a one-for-ten reverse split of its outstanding Common Stock. The 2015 Shares were issued to Mr. McCarthy subsequent to the reverse stock split and the figures reported in Table I are the actual number of shares issued and have been adjusted to reflect the reverse stock split. |
(2) | On April 7, 2016, the Compensation Committee of the Issuer's Board of Directors approved a grant of 17,500 shares of restricted Common Stock to Mr. McCarthy with equal vesting over three years and with the first such vesting date being April 1, 2017. |