3: Initial statement of beneficial ownership of securities
Published on April 8, 2014
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 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 | ||||
Stock Option (right to buy) | (6) | 12/21/2022 | Common Stock | 250,000 | $ 0.312 | D | |
Warrant (right to buy) | (6) | 12/21/2017 | Common Stock | 154,928 | $ 0.312 | D |
Reporting Owners
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
QUREISHI ABDUS SALAM 3375 SCOTT BOULEVARD, SUITE 440 SANTA CLARA, CA 95054 |
X | X | Chairman of the Board |
Signatures
/s/ Abdus Qureishi | 04/08/2014 | |
**Signature of Reporting Person | Date |
Explanation of Responses:
* | 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) | The shares are held directly by SVI ("SVI"). The Reporting Person is the majority shareholder of SVI and may be deemed to share voting and dispositive power with regard to the reported shares held by SVI. |
(2) | The shares are held directly by the 1999 Qureishi Family Irrevocable Trust (the "1999 Trust"). The Reporting Person is a trustee of the 1999 Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the 1999 Trust. |
(3) | The shares are held directly by the Qureishi 1998 Family Trust (the "1998 Trust"). The Reporting Person is a trustee of the 1998 Trust and may be deemed to share voting and dispositive power with regard to the reported shares held by the 1998 Trust. |
(4) | The shares are held directly by Cap Invest Inc. ("Cap Invest"). The Reporting Person is the majority shareholder of Cap Invest and may be deemed to share voting and dispositive power with regard to the reported shares held by Cap Invest. |
(5) | The shares are held directly by Sysorex Consulting, Inc.("Sysorex Consulting"). The Reporting Person is the majority shareholder of Sysorex Consulting and may be deemed to share voting and dispositive power with regard to the reported shares held by Sysorex Consulting. |
(6) | This option/warrant is exercisable at any time. |