10/07/2025 | Press release | Distributed by Public on 10/07/2025 10:47
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 | ||||
Common Stock | (1) | (1) | Common Stock | 68,200(1) | $0 | D | |
Stock Options | (2) | 08/19/2035 | Common Stock | 34,100(2) | $4.26 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KEANE JOHN M 4438 W LOVERS LANE, UNIT 100 DALLAS, TX 75209 |
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/s/ John M. Keane | 10/06/2025 | |
**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) | Represents shares of Common Stock underlying a time-based vesting restricted stock unit ("RSU") award granted on August 19, 2025 under the Issuer's Amended and Restated 2023 Equity Incentive Plan. One-third, or 22,733 shares of the 68,200 total number of shares, of the RSU award will vest on August 19, 2026 and an additional one-third of the total number of shares will vest on August 19, 2027 and August 19, 2028 subject to the Reporting Person's continued service through each vesting date. |
(2) | Represents shares of Common Stock underlying a time-based vesting stock option award granted on August 19, 2025 under the Issuer's Amended and Restated 2023 Equity Incentive Plan. The stock option will vest as to one-third, or 11,367 shares of the 34,100 total number of shares on August 19, 2026 and an additional one-third of the total number of shares will vest on August 19, 2027 and August 19, 2028, subject to the Reporting Person's continued service through any vesting date. |