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