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SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

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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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
  
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Wolfson Jonathan S

(Last) (First) (Middle)
SOLAZYME, INC.
225 GATEWAY BOULEVARD

(Street)
SOUTH SAN FRANCISCO CA 94080

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SOLAZYME INC [ SZYM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Executive Officer
3. Date of Earliest Transaction (Month/Day/Year)
02/19/2015
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option (right to buy) $8.77 02/19/2015 D 150,000 (1) 03/08/2021 Common Stock 150,000 (2) 0 D
Employee Stock Option (right to buy) $2.5 02/19/2015 A 75,000 (3) 03/08/2021 Common Stock 75,000 (2) 75,000 D
Employee Stock Option (right to buy) $11.49 02/19/2015 D 250,000 (4) 02/10/2022 Common Stock 250,000 (5) 0 D
Employee Stock Option (right to buy) $2.5 02/19/2015 A 125,000 (3) 02/10/2022 Common Stock 125,000 (5) 125,000 D
Employee Stock Option (right to buy) $8.35 02/19/2015 D 140,000 (6) 02/24/2023 Common Stock 140,000 (7) 0 D
Employee Stock Option (right to buy) $2.5 02/19/2015 A 70,001 (8) 02/24/2023 Common Stock 70,001 (7) 70,001 D
Employee Stock Option (right to buy) $11.11 02/19/2015 D 140,000 (9) 02/11/2024 Common Stock 140,000 (10) 0 D
Employee Stock Option (right to buy) $2.5 02/19/2015 A 70,001 (11) 02/11/2024 Common Stock 70,001 (10) 70,001 D
Explanation of Responses:
1. The option provided for monthly vesting as to 1/48 of the underlying shares beginning on March 9, 2011.
2. On February 19, 2015, the issuer canceled, pursuant to the issuer's option exchange program, an option for 150,000 shares of SZYM common stock granted to the reporting person on March 9, 2011. In exchange, the reporting person received a replacement option, for 75,000 shares, having an excercise price of $2.58 a share.
3. The option vests in full on January 1, 2016.
4. The option provided for monthly vesting as to 1/48 of the underlying shares beginning on January 1, 2012.
5. On February 19, 2015, the issuer canceled, pursuant to the issuer's option exchange program, an option for 250,000 shares of SZYM common stock granted to the reporting person on February 11, 2012. In exchange, the reporting person received a replacement option, for 125,000 shares, having an excercise price of $2.58 a share.
6. The option provided for monthly vesting as to 1/48 of the underlying shares beginning on January 1, 2013.
7. On February 19, 2015, the issuer canceled, pursuant to the issuer's option exchange program, an option for 140,000 shares of SZYM common stock granted to the reporting person on February 25, 2013. In exchange, the reporting person received a replacement option, for 70,001 shares, having an excercise price of $2.58 a share.
8. The option vests as to 52,500 shares on January 1, 2016 and as to 1/48 of the underlying shares monthly thereafter.
9. The option provided for monthly vesting as to 1/48 of the underlying shares beginning on January 1, 2014.
10. On February 19, 2015, the issuer canceled, pursuant to the issuer's option exchange program, an option for 140,000 shares of SZYM common stock granted to the reporting person on February 12, 2014. In exchange, the reporting person received a replacement option, for 70,001 shares, having an excercise price of $2.58 a share.
11. The option vests as to 35,000 shares on January 1, 2016 and as to 1/48 of the underlying shares monthly thereafter.
Remarks:
/s/ Paul Quinlan, as attorney-in-fact 02/20/2015
** 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 4 (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).
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