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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Ucn (MM) | NASDAQ:UCNN | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.28 | 0 | 00:00:00 |
FORM 4
[ ]
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue.
See
Instruction 1(b).
|
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
|
OMB APPROVAL
OMB Number: 3235-0287 Expires: February 28, 2011 Estimated average burden hours per response... 0.5 |
|
Utility Holding Company Act of 1935 or Section 30(f) of the Investment Company Act of 1940 |
|
1. Name and Address of Reporting Person
*
BARNETT STEVE M |
2. Issuer Name
and
Ticker or Trading Symbol
UCN INC [ UCNN ] |
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
__ X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) |
666 DUNDEE ROAD STE 1704 |
3. Date of Earliest Transaction
(MM/DD/YYYY)
|
|
NORTHBROOK, IL 60062 |
4. If Amendment, Date Original Filed
(MM/DD/YYYY)
|
6. Individual or Joint/Group Filing
(Check Applicable Line)
_ X _ Form filed by One Reporting Person ___ Form filed by More than One Reporting Person |
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
||||||||||
1.Title of Security
(Instr. 3) |
2. Trans. Date | 2A. Deemed Execution Date, if any |
3. Trans. Code
(Instr. 8) |
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5) |
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4) |
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) | 7. Nature of Indirect Beneficial Ownership (Instr. 4) | |||
Code | V | Amount | (A) or (D) | Price | ||||||
Common Stock | 11/5/2008 | A | 60000 | A | $0 | 438300 | D |
Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) |
|||||||||||||||
1. Title of Derivate Security
(Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Trans. Date | 3A. Deemed Execution Date, if any |
4. Trans. 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 |
7. Title and Amount of Securities Underlying Derivative Security
(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) | ||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Employee Stock Options | $3.05 | 11/5/2008 | D (1) | 15000 | (1) | 1/14/2009 | Common Stock | 15000 | (1) | 0 | D | ||||
Employee Stock Options | $3.05 | 11/5/2008 | A (1) | 15000 | (1) | 11/5/2013 | Common Stock | 15000 | (1) | 15000 | D | ||||
Employee Stock Options | $2.65 | 11/5/2008 | D (2) | 5000 | (2) | 1/12/2010 | Common Stock | 5000 | (2) | 0 | D | ||||
Employee Stock Options | $2.65 | 11/5/2008 | A (2) | 5000 | (2) | 11/5/2013 | Common Stock | 5000 | (2) | 5000 | D | ||||
Employee Stock Options | $2 | 11/5/2008 | D (3) | 27500 | (3) | 11/8/2010 | Common Stock | 27500 | (3) | 0 | D | ||||
Employee Stock Options | $2 | 11/5/2008 | A (3) | 27500 | (3) | 11/5/2013 | Common Stock | 27500 | (3) | 27500 | D | ||||
Employee Stock Options | $3.11 | 11/5/2008 | D (4) | 27500 | (4) | 11/7/2011 | Common Stock | 27500 | (4) | 0 | D | ||||
Employee Stock Options | $3.11 | 11/5/2008 | A (4) | 27500 | (4) | 11/5/2013 | Common Stock | 27500 | (4) | 27500 | D | ||||
Employee Stock Options | $4.57 | 11/5/2008 | D (5) | 35000 | (5) | 11/7/2012 | Common Stock | 35000 | (5) | 0 | D | ||||
Employee Stock Options | $4.57 | 11/5/2008 | A (5) | 35000 | (5) | 11/5/2013 | Common Stock | 35000 | (5) | 35000 | D | ||||
Employee Stock Options | $4.57 | 11/5/2008 | D (6) | 25000 | (6) | 11/26/2012 | Common Stock | 25000 | (6) | 0 | D | ||||
Employee Stock Options | $4.57 | 11/5/2008 | A (6) | 25000 | (6) | 11/5/2013 | Common Stock | 25000 | (6) | 25000 | D |
Explanation of Responses: | |
( 1) | The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 14, 2004 and provides was immediately vested at grant date. |
( 2) | The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on January 12, 2005 and provides was immediately vested at grant date. |
( 3) | The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 8, 2005 and 2,292 options vested one month after grant date while the remaining 25,208 options vested one year after grant date. |
( 4) | The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 7, 2006 and fully vested one year from grant date. |
( 5) | The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 6, 2007 and fully vested one year from grant date. |
( 6) | The two reported transactions involved an amendment of an outstanding option, resulting in the deemed cancellation of the "old" option and the grant of a replacement option. The option was originally granted on November 26, 2007 and fully vested one year from grant date. |
Reporting Owners
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Reporting Owner Name / Address |
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||||
Director | 10% Owner | Officer | Other | ||
BARNETT STEVE M
666 DUNDEE ROAD STE 1704 NORTHBROOK, IL 60062 |
X |
|
|
|
Signatures
|
||
/s/ Steve Barnett | 11/7/2008 | |
** Signature of Reporting Person |
Date
|
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |
* | 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). |
Note: | File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. |
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. |
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