FORM 3 |
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 |
|
1. Name and Address of Reporting Person*
(Street)
|
2. Date of Event Requiring Statement
(Month/Day/Year) 09/14/2010 |
3. Issuer Name and Ticker or Trading Symbol
LASERCARD CORP [ LCRD ] |
|||||||||||||
4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
|
5. If Amendment, Date of Original Filed
(Month/Day/Year) 09/20/2010 |
||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
|
Table I - Non-Derivative Securities Beneficially Owned | |||
---|---|---|---|
1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 3,441(1) | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
---|---|---|---|---|---|---|---|
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: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options (Right to buy) | 03/31/2006 | 03/31/2014 | Common Stock | 20,000 | $13.355 | D | |
Stock Options (Right to buy) | 05/24/2007 | 05/24/2013 | Common Stock | 3,750 | $16.785 | D | |
Stock Options (Right to buy) | 09/22/2007(2) | 09/22/2013 | Common Stock | 1,250 | $12.06 | D | |
Stock Options (Right to buy) | 04/05/2011(2) | 09/22/2018 | Common Stock | 30,000 | $4.84 | D | |
Restricted Stock Units | 09/21/2008 | (3) | Common Stock(4) | 2,500(5) | $0 | D | |
Restricted Stock Units | 07/08/2010 | (3) | Common Stock(4) | 1,326(6) | $0 | D | |
Restricted Stock Units | 09/13/2011 | (3) | Common Stock(4) | 10,000 | $0 | D |
Explanation of Responses: |
1. Corrected number of shares beneficially owned. |
2. Twenty-five (25) percent of this option may be exercised on Date Exercisable as indicated and then 6.25% will vest quarterly thereafter. |
3. Twenty-five (25) percent of this RSUs award vests on Date Exercisable as indicated and then twenty-five (25) percent will vest annually thereafter. |
4. Represents the receipt of Common Stock upon the vesting of Restricted Stock Units. Each Restricted Stock Unit has the economic equivalent of one share of LaserCard Common Stock. |
5. Corrected number of RSUs have not vested. On September 21, 2008 and September 21, 2009, twenty-five (25) percent of this award (50% total) became vested and was released. |
6. Corrected number of RSUs have not vested. On July 8, 2010, twenty-five (25) percent of this award became vested and was released. |
Remarks: |
/s/Steven G. Larson as attorney-in-fact for Uwe Ludwig | 09/24/2010 | |
** 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 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). | ||
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 Number. |