-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, QwPd2G6DD+IBYvfXDGIckl8Q/i/ybotjfVRapCkiGMRVch9n4BZlSYKv61VBlEjZ 9oJSMy5mR+4TBrcufdsY6Q== 0001104659-08-034134.txt : 20080516 0001104659-08-034134.hdr.sgml : 20080516 20080516192417 ACCESSION NUMBER: 0001104659-08-034134 CONFORMED SUBMISSION TYPE: 4/A PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20071120 FILED AS OF DATE: 20080516 DATE AS OF CHANGE: 20080516 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LPATH, INC CENTRAL INDEX KEY: 0001251769 STANDARD INDUSTRIAL CLASSIFICATION: BIOLOGICAL PRODUCTS (NO DIAGNOSTIC SUBSTANCES) [2836] IRS NUMBER: 161630142 STATE OF INCORPORATION: NV FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6335 FERRIS SQUARE STREET 2: SUITE A CITY: SAN DIEGO STATE: CA ZIP: 92121 BUSINESS PHONE: 858-678-0800 MAIL ADDRESS: STREET 1: 6335 FERRIS SQUARE STREET 2: SUITE A CITY: SAN DIEGO STATE: CA ZIP: 92121 FORMER COMPANY: FORMER CONFORMED NAME: LPATH INC DATE OF NAME CHANGE: 20051202 FORMER COMPANY: FORMER CONFORMED NAME: NEIGHBORHOOD CONNECTIONS INC DATE OF NAME CHANGE: 20040323 FORMER COMPANY: FORMER CONFORMED NAME: JCG INC DATE OF NAME CHANGE: 20030702 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PANCOAST SCOTT R CENTRAL INDEX KEY: 0001221822 FILING VALUES: FORM TYPE: 4/A SEC ACT: 1934 Act SEC FILE NUMBER: 000-50344 FILM NUMBER: 08843710 BUSINESS ADDRESS: BUSINESS PHONE: 858-678-0800 MAIL ADDRESS: STREET 1: C/O LPATH, INC STREET 2: 6335 FERRIS SQUARE, SUITE A CITY: SAN DIEGO STATE: CA ZIP: 92121 4/A 1 a4a.xml 4/A X0202 4/A 2007-11-20 2007-11-23 0 0001251769 LPATH, INC LPTN 0001221822 PANCOAST SCOTT R C/O LPATH, INC. 6335 FERRIS SQUARE, SUITE A SAN DIEGO CA 92121 1 1 0 0 President and CEO Restricted Stock Unit 2008-05-14 4 A 0 195937 0 A Class A Common Stock 195937 195937 D Restricted Stock Unit 2007-11-20 4 A 0 216563 0 A Class A Common Stock 216563 216563 D Each restricted stock unit represents a contingent right to receive one share of Lpath, Inc. Class A common stock. On November 20, 2007, the reporting person was granted a total of 825,000 restricted stock units, of which 412,500 vest upon the achievement of certain performance-based milestones described further in Footnote (3) below. On May 14, 2008, 47.5% of these performance-based restricted stock units vested. Vested shares will be delivered to the reporting person on the fifth anniversary of the date of grant or upon an earlier termination of the reporting person's service to Lpath due to disability, death or sale of Lpath. These performance-based restricted stock units represent the unvested remainder of 412,500 such units, the grant of which initially was disclosed on Line 2 of Table II on Form 4 filed by the reporting person with the SEC on November 23, 2007. The vested portion of such grant is reported on Line 1 in this Table II. These restricted stock units will vest at varying percentages upon the achievement of certain milestones related to the Company's research and clinical development. Vested shares will be delivered to the reporting person on the fifth anniversary of the date of grant or upon an earlier termination of the reporting person's service to Lpath due to disability, death or sale of Lpath. /s/ Scott Pancoast 2008-05-16 -----END PRIVACY-ENHANCED MESSAGE-----