Shares Beneficially | Shares Beneficially | |||||||||||||||||||
Owned Prior to the Offering | Owned After the Offering 2 | |||||||||||||||||||
Shares Offered by | ||||||||||||||||||||
Selling Securityholders1 | Number | Percent3 | this Prospectus | Number | Percent4 | |||||||||||||||
Arbor Partners, L.P.5 |
176,290 | * | 176,290 | None | None | |||||||||||||||
Bregman, Lior6 |
126,352 | * | 126,352 | None | None | |||||||||||||||
Cimarron Overseas Equity Master Fund
LP7 |
245,487 | * | 245,487 | None | None | |||||||||||||||
City of Milford Pension & Retirement
Fund8 |
276,116 | * | 276,116 | None | None |
* | Less than one percent. | |
1 | The names of the selling securityholders and the numbers of securities held by the selling securityholders may be amended subsequent to the date of the Prospectus pursuant to Rule 424(b)(3) of the Securities Act of 1933. | |
2 | Assumes the sale of all shares offered in the Prospectus and no other purchases or sales of our common stock. | |
3 | Percentage ownership is based on 30,073,519 shares of our common stock outstanding as of March 15, 2005. | |
4 | Percentage ownership is based on 30,073,519 shares of our common stock outstanding as of March 15, 2005. | |
5 | Richard Shuster has dispositive and voting power over the shares held by Arbor Partners, L.P. | |
6 | [Reserved Intentionally Left Blank] | |
7 | These shares are beneficially owned by Cimarron Biomedical Equity Master Fund, L.P., formerly known as Cimarron Overseas Equity Master Fund, L.P. Cimarron Biomedical Equity Master Fund, L.P. is wholly owned by Cimarron Biomedical Equity Fund, L.P., formerly known as Cimarron Overseas Equity Fund (QP), L.P. Cimarron Biomedical Investors, L.P. is the general partner of Cimarron Biomedical Equity Fund, L.P. Cimarron Global Management, LLC is the general partner of Cimarron Biomedical Investors, L.P. J.H. Cullum Clark is the sole principal of Cimarron Global Management, LLC, and in such capacity has dispositive and voting power over the shares beneficially owned by Cimarron Biomedical Equity Master Fund, L.P. Mr. Clark expressly disclaims beneficial ownership of the shares beneficially owned by Cimarron Biomedical Equity Master Fund, L.P. | |
8 | The Managing Directors of Zesiger Capital Group LLP have dispositive and voting power over the shares held by City of Milford Pension & Retirement Fund. The Managing Directors of Zesiger Capital Group LLP currently are Albert L. Zesiger, Barrie R. Zesiger, Donald Devivo, James F. Cleary, John Kayola and Robert K. Winters. |
Shares Beneficially | Shares Beneficially | |||||||||||||||||||
Owned Prior to the Offering | Owned After the Offering 2 | |||||||||||||||||||
Shares Offered by | ||||||||||||||||||||
Selling Securityholders1 | Number | Percent3 | this Prospectus | Number | Percent4 | |||||||||||||||
City of Stamford Firemens Pension
Fund9 |
122,740 | * | 122,740 | None | None | |||||||||||||||
Daniels, John and Daniels, AnnaMarie,
as Trustees of The Daniels Family
Trust UTA 199310 |
184,115 | * | 184,115 | None | None | |||||||||||||||
Charles Schwab & Co Inc. FBO Craig T.
Davenport Roth Conversion
IRA11 |
60,799 | * | 60,799 | None | None | |||||||||||||||
Charles Schwab & Co Inc. FBO Craig T.
Davenport Sep IRA12 |
52,738 | * | 52,738 | None | None | |||||||||||||||
Fleming, Hayden R. and Fleming,
LaDonna M., as Trustees of the Hayden
R. Fleming Revocable Trust dated as of
July 19, 199513 |
422,707 | 1.40 | % | 306,857 | 115,850 | * | ||||||||||||||
GW2001 Fund, L.P.14 |
89,927 | * | 67,327 | 22,600 | * |
9 | The Managing Directors of Zesiger Capital Group LLP have dispositive and voting power over the shares held by City of Stamford Firemens Pension Fund. The Managing Directors of Zesiger Capital Group LLP currently are Albert L. Zesiger, Barrie R. Zesiger, Donald Devivo, James F. Cleary, John Kayola and Robert K. Winters. | |
10 | John R. Daniels and AnnaMarie Daniels have dispositive and voting power over the shares held by the Daniels Family Trust UTA 1993. Dr. Daniels is one of our directors. In addition to the shares shown in the table above, Dr. Daniels has the right to acquire 10,000 shares upon the exercise of options that are exercisable within 60 days of October 31, 2005. | |
11 | Craig T. Davenport, who is our Chairman and Chief Executive Officer, has dispositive and voting power over the shares held by Charles Schwab & Co Inc. FBO Craig T. Davenport Roth Conversion IRA. In addition to the shares shown in the table above, Mr. Davenport has the right to acquire 506,250 shares upon the exercise of options that are exercisable within 60 days of October 31, 2005. | |
12 | Mr. Davenport has dispositive and voting power over the shares held by Charles Schwab & Co Inc. FBO Craig T. Davenport Sep IRA. In addition to the shares shown in the table above, Mr. Davenport has the right to acquire 506,250 shares upon the exercise of options that are exercisable within 60 days of October 31, 2005. | |
13 | Hayden R. Fleming and LaDonna M. Fleming have dispositive and voting power over the shares held by the Hayden R. Fleming Revocable Trust dated as of July 19, 1995. | |
14 | Eugene M. Weber has dispositive and voting power over the shares held by GW2001 Fund, L.P. |
Shares Beneficially | Shares Beneficially | |||||||||||||||||||
Owned Prior to the Offering | Owned After the Offering 2 | |||||||||||||||||||
Shares Offered by | ||||||||||||||||||||
Selling Securityholders1 | Number | Percent3 | this Prospectus | Number | Percent4 | |||||||||||||||
Haimovitch, Larry as Trustee of the
Larry Haimovitch 2000 Separate
Property Revocable Trust15 |
71,316 | * | 15,341 | 55,975 | * | |||||||||||||||
JP Morgan Trust Co. (Bahamas) Limited
as Trustee U/A/D 11/3/9316 |
104,380 | * | 104,380 | None | None | |||||||||||||||
Kotler, Kevin17 |
61,371 | * | 61,371 | None | None | |||||||||||||||
Midwood Capital Partners QP,
L.P.18 |
341,181 | 1.13 | % | 98,187 | 242,994 | * | ||||||||||||||
Midwood Capital Partners,
L.P.19 |
343,344 | 1.14 | % | 208,670 | 134,674 | * | ||||||||||||||
Norwalk Employees Pension
Plan20 |
107,440 | * | 107,440 | None | None | |||||||||||||||
Nydam, William J.21 |
775,607 | 2.5 | % | 306,857 | 468,750 | 1.5 | % | |||||||||||||
Paragon Associates J.V.22 |
1,227,436 | 4.01 | % | 1,227,436 | None | None | ||||||||||||||
Prothro Family Limited Partnership
LP23 |
184,115 | * | 184,115 | None | None |
15 | Larry Haimovitch has dispositive and voting power over the shares held by the Larry Haimovitch 2000 Separate Property Revocable Trust. | |
16 | The Managing Directors of Zesiger Capital Group LLP have dispositive and voting power over the shares held by JP Morgan Trust Co. (Bahamas) Limited as Trustee U/A/D 11/3/93. The Managing Directors of Zesiger Capital Group LLP currently are Albert L. Zesiger, Barrie R. Zesiger, Donald Devivo, James F. Cleary, John Kayola and Robert K. Winters. | |
17 | [Reserved Intentionally Left Blank] | |
18 | Ross DeMont and David Cohen have dispositive and voting power for the shares held by Midwood Capital Partners QP, L.P. | |
19 | Ross DeMont and David Cohen have dispositive and voting power for the shares held by Midwood Capital Partners, L.P. | |
20 | The Managing Directors of Zesiger Capital Group LLP have dispositive and voting power over the shares held by Norwalk Employees Pension Plan. The Managing Directors of Zesiger Capital Group LLP currently are Albert L. Zesiger, Barrie R. Zesiger, Donald Devivo, James F. Cleary, John Kayola and Robert K. Winters. | |
21 | Mr. Nydam is our President and Chief Operating Officer. Shares Beneficially Owned Prior to the Offering and Shares Beneficially Owned After the Offering include 468,750 shares underlying options that are exercisable within 60 days of October 31, 2005. | |
22 | Bradbury Dyer III has dispositive and voting power over the shares held by Paragon Associates J.V. |
Shares Beneficially | Shares Beneficially | |||||||||||||||||||
Owned Prior to the Offering | Owned After the Offering 2 | |||||||||||||||||||
Shares Offered by | ||||||||||||||||||||
Selling Securityholders1 | Number | Percent3 | this Prospectus | Number | Percent4 | |||||||||||||||
Public Employee Retirement System of
Idaho24 |
613,700 | 2.02 | % | 613,700 | None | None | ||||||||||||||
SRB Greenway Capital (QP),
L.P.25 |
459,154 | 1.51 | % | 459,154 | None | None | ||||||||||||||
SRB Greenway Capital, L.P.26 |
64,323 | * | 64,323 | None | None | |||||||||||||||
SRB Greenway Offshore Operating Fund,
L.P.27 |
40,344 | * | 40,344 | None | None | |||||||||||||||
Walker Smith Capital (QP),
L.P.28 |
443,739 | 1.46 | % | 443,739 | None | None | ||||||||||||||
Walker Smith Capital, L.P.29 |
86,606 | * | 86,606 | None | None |
23 | J.H. Cullum Clark has dispositive and voting power over the shares held by Prothro Family Limited Partnership LP. | |
24 | The Managing Directors of Zesiger Capital Group LLP have dispositive and voting power over the shares held by Public Employee Retirement System of Idaho. The Managing Directors of Zesiger Capital Group LLP currently are Albert L. Zesiger, Barrie R. Zesiger, Donald Devivo, James F. Cleary, John Kayola and Robert K. Winters. | |
25 | WS Capital, L.L.C. (WS Capital) is the general partner of WS Capital Management, L.P. (WSC Management). WSC Management is the general partner of Walker Smith Capital, L.P. (WSC) and Walker Smith Capital (Q.P.), L.P. (WSCQP) and is the agent and attorney-in-fact for Walker Smith International Fund, Ltd., a British Virgin Islands exempted company (WS International). WSV Management, L.L.C. (WSV) is the general partner of WS Ventures Management, L.P. (WSVM). WSVM is the general partner of WS Opportunity Fund, L.P. (WSO) and WS Opportunity Fund (Q.P.), L.P. (WSOQP) and is the agent and attorney-in-fact for WS Opportunity Fund International, Ltd. (WSO International). BC Advisors, LLC (BCA) is the general partner of SRB Management, L.P. (SRB Management). SRB Management is the general partner of SRB Greenway Capital, L.P. (SRBGC), SRB Greenway Capital (Q.P.), L.P. (SRBQP) and SRB Greenway Offshore Operating Fund, L.P. (SRB Offshore). Reid S. Walker and G. Stacy Smith are principals of WS Capital and WSV, and Patrick P. Walker is a principal of WSV. Through their control of WS Capital, Messrs. R. Walker and Smith share voting and investment control over the portfolio securities of each of WSC, WSCQP and WS International. Through their control of WSV, Messrs. R. Walker, Smith and P. Walker share voting and investment control over the portfolio securities of each of WSO, WSOQP and WSO International. Steven R. Becker is the sole principal of BCA. Through his control of BCA, Mr. Becker possesses sole voting and investment control over the portfolio securities of each of SRBGC, SRBQP and SRB Offshore. Pursuant to a letter agreement, Steven R. Becker may collaborate with Reid S. Walker, G. Stacy Smith and Patrick P. Walker on investment strategies from time to time. | |
26 | See footnote 25 above. | |
27 | See footnote 25 above. | |
28 | See footnote 25 above. | |
29 | See footnote 25 above. |
Shares Beneficially | Shares Beneficially | |||||||||||||||||||
Owned Prior to the Offering | Owned After the Offering 2 | |||||||||||||||||||
Shares Offered by | ||||||||||||||||||||
Selling Securityholders1 | Number | Percent3 | this Prospectus | Number | Percent4 | |||||||||||||||
Walker Smith International Fund,
Ltd.30 |
665,000 | 2.18 | % | 665,000 | None | None | ||||||||||||||
Weber Capital Partners31 |
262,130 | * | 239,530 | 22,600 | * | |||||||||||||||
Winters, Robert K. |
3,060 | * | 3,060 | None | None | |||||||||||||||
WPG Opportunistic Value Fund,
L.P.32 |
681,911 | 2.25 | % | 681,911 | None | None | ||||||||||||||
WPG Opportunistic Value Overseas,
L.P.33 |
532,350 | 1.76 | % | 532,350 | None | None | ||||||||||||||
WS Opportunity Fund (QP),
L.P.34 |
93,410 | * | 93,410 | None | None | |||||||||||||||
WS Opportunity Fund International,
Ltd.35 |
127,207 | * | 127,207 | None | None | |||||||||||||||
WS Opportunity Fund, L.P.36 |
89,769 | * | 89,769 | None | None | |||||||||||||||
Total |
9,136,164 | 37 | 26.5 | % | 8,072,721 | 1,063,443 | 38 | 3.5 | % |
30 | See footnote 25 above. | |
31 | Eugene M. Weber has dispositive and voting power for the shares held by Weber Capital Partners, L.P. | |
32 | Richard Shuster and Daniel Vandivent have dispositive and voting power for the shares held by WPG Opportunistic Value Overseas, L.P. | |
33 | Richard Shuster and Daniel Vandivent have dispositive and voting power for the shares held by WPG Opportunistic Value Overseas, L.P. | |
34 | See footnote 25 above. | |
35 | See footnote 25 above. | |
36 | See footnote 25 above. | |
37 | Includes 985,000 shares underlying options that are exercisable within 60 days of October 31, 2005. | |
38 | Includes 985,000 shares underlying options that are exercisable within 60 days of October 31, 2005. |