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 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 03/04/2005 |
3. Issuer Name and Ticker or Trading Symbol
DDI CORP [ DDIC ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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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 | 25,000 | D |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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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 | ||||
Tranche A1(a) Stock Options | (1) | 12/12/2013 | Common Stock | 19,960 | $0.49 | D | |
Tranche A2(a) Stock Options | (2) | 12/12/2013 | Common Stock | 19,960 | $5 | D | |
Tranche A3(a) Stock Options | (2) | 12/12/2013 | Common Stock | 19,960 | $5.75 | D | |
Tranche A4 Stock Options | 12/19/2006 | 12/12/2008 | Common Stock | 14,970 | $0.001 | D | |
Tranche B1 Stock Options | (3) | 03/21/2015 | Common Stock | 150,000 | $2.53 | D |
Explanation of Responses: |
1. One-third of the total vested on December 12, 2003, one-third of the total vested on June 12, 2005 and one-third of the total vests on December 12, 2006. |
2. One-third of the total vested on December 12, 2003, and one-third of the total vested on June 12, 2005. The vesting for the final one-third of the total, which was scheduled to vest on December 12, 2006, was accelerated by the Compensation Committee of DDi Corp. on December 7, 2005. |
3. One-third of the total vested on March 21,2005. The vesting for the final two-thirds of the total, which was scheduled to vest in equal installments on September 21, 2006 and March 21, 2008, was accelerated by the Compensation Committee of DDi Corp. on December 7, 2005. |
/S/ KURT E. SCHEUERMAN, Attorney-in-Fact | 12/22/2005 | |
** 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. |