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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 | ||||||||
Employee Stock Option (Right to Buy) | $ 0.39 | (2) | 02/10/2009 | Common Stock | 15,000 | 15,000 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 2.07 | (3) | 03/10/2014 | Common Stock | 10,000 | 10,000 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 2.81 | (4) | 02/04/2011 | Common Stock | 7,500 | 7,500 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 2.69 | (5) | 01/24/2012 | Common Stock | 20,000 | 20,000 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 2.97 | (6) | 02/26/2013 | Common Stock | 15,000 | 15,000 | D | ||||||||
Employee Stock Option (Right to Buy) | $ 2.61 | 02/26/2008 | A | 15,000 | (7) | 02/26/2014 | Common Stock | 15,000 | $ 0 | 15,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HURT DAVE 1650 WEST 82ND STREET SUITE 1100 MINNEAPOLIS, MN 55431 |
VP Acct Services-Fitness Mgmt |
/s/ Wesley W. Winnekins as Attorney-in-Fact for David T. Hurt pursuant to Power of Attorney previously filed | 02/28/2008 | |
**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) | Includes 63,397 shares granted under the 2007 Equity Incentive Plan, which shares vest in whole or in part at the time of completion of the Company's 2009 annual audit, subject to the achievement of performance objectives. |
(2) | Exercisable in annual increments of 3,750 shares commencing 2/10/04. |
(3) | Exercisable in annual increments of 1,875 shares commencing 3/10/05. |
(4) | Exercisable in annual increments of 1,875 shares commencing 2/4/06. |
(5) | Exercisable in annual increments of 5,000 shares commencing 1/24/07. |
(6) | Exercisable in annual increments of 3,750 shares commencing 2/26/08. |
(7) | Exercisable in annual increments of 3,750 shares commencing 2/26/09. |