0001140361-11-049562.txt : 20111014
0001140361-11-049562.hdr.sgml : 20111014
20111014193731
ACCESSION NUMBER: 0001140361-11-049562
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20111012
FILED AS OF DATE: 20111014
DATE AS OF CHANGE: 20111014
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: SWAIN WILLIAM
CENTRAL INDEX KEY: 0001110808
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 000-21683
FILM NUMBER: 111142718
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: GRAPHON CORP/DE
CENTRAL INDEX KEY: 0001021435
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372]
IRS NUMBER: 133899021
STATE OF INCORPORATION: DE
FISCAL YEAR END: 0217
BUSINESS ADDRESS:
STREET 1: 5400 SOQUEL AVENUE
STREET 2: SUITE A2
CITY: SANTA CRUZ
STATE: CA
ZIP: 95062
BUSINESS PHONE: 8004727466
MAIL ADDRESS:
STREET 1: 5400 SOQUEL AVENUE
STREET 2: SUITE A2
CITY: SANTA CRUZ
STATE: CA
ZIP: 95062
FORMER COMPANY:
FORMER CONFORMED NAME: UNITY FIRST ACQUISITION CORP
DATE OF NAME CHANGE: 19960823
4
1
doc1.xml
FORM 4
X0304
4
2011-10-12
0
0001021435
GRAPHON CORP/DE
GOJO
0001110808
SWAIN WILLIAM
C/O GRAPHON CORPORATION
5400 SOQUEL AVENUE, SUITE A2
SANTA CRUZ
CA
95062
0
1
0
0
CFO and Secretary
Employee Stock Option (right to buy)
0.202
2011-10-12
4
A
0
615000
A
2021-10-11
Common Stock
615000
675000
D
Employee Stock Option (right to buy)
0.34
2011-10-12
4
D
0
380000
D
2004-11-15
2014-11-15
Common Stock
380000
0
D
Employee Stock Option (right to buy)
0.43
2011-10-12
4
D
0
160000
D
2005-01-27
2005-01-26
Common Stock
160000
0
D
Employee Stock Option (right to buy)
0.38
2011-10-12
4
D
0
75000
D
2008-01-02
2018-01-01
Common Stock
75000
0
D
The option is immediately exercisable, subject to the repurchase of the option shares by the issuer at the exercise price, upon the Reporting Person's termination of service prior to full vesting. The repurchase right lapses and the option vests in 24 equal monthly installments beginning on November 12, 2011.
The Reporting Person agreed to cancellation of options to purchase 380,000, 160,000 and 75,000 shares of common stock granted to him on November 15, 2004, January 27, 2005 and January 2, 2008, respectively, in exchange for a new option having a lower exercise price.
/s/ William Swain
2011-10-14