If
the filing person has previously filed a statement on Schedule 13G to report the
acquisition that is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(e), 13d-1(f) or 13d-1(g), check the following box
[ ].
*
The remainder of this cover page shall be filled out for a reporting persons
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The
information required on the remainder of this cover page shall not be deemed to
be filed for the purpose of Section 18 of the Securities Exchange Act of 1934
(Act) or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the
Notes).
SCHEDULE 13D
CUSIP
No.
641208103
l)
Name
of Reporting Person
Kopp
Investment Advisors, LLC
2)
Check
the Appropriate Box if a Member of a Group
(a)
[ ]
(b)
[ ]
3)
SEC
Use Only
4)
Source
of Funds
OO:
Client Funds
5)
Check
if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [
]
6)
Citizenship
or Place of Organization
Minnesota
Number
of Shares Beneficially Owned by Each Reporting Person With:
|
|
|
7)
|
Sole
Voting Power:
|
1,870,840
|
8)
|
Shared
Voting Power
|
None
|
9)
|
Sole
Dispositive Power:
|
None
|
10)
|
Shared
Dispositive Power:
|
719,240
|
11)
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,870,840
12)
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
13)
Percent
of Class Represented by Amount in Row (11)
6.83%
14)
Type
of Reporting Person
IA
2
SCHEDULE 13D
CUSIP
No.
641208103
l)
Name
of Reporting Person
Kopp
Holding Company, LLC
2)
Check
the Appropriate Box if a Member of a Group
(a)
[ ]
(b)
[ ]
3)
SEC
Use Only
4)
Source
of Funds
Not
applicable indirect beneficial ownership
5)
Check
if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [
]
6)
Citizenship
or Place of Organization
Minnesota
Number
of Shares Beneficially Owned by Each Reporting Person With:
|
|
|
7)
|
Sole
Voting Power:
|
None
|
8)
|
Shared
Voting Power
|
None
|
9)
|
Sole
Dispositive Power:
|
None
|
10)
|
Shared
Dispositive Power:
|
None
|
11)
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,870,840
12)
Check
if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
13)
Percent
of Class Represented by Amount in Row (11)
6.83%
14)
Type
of Reporting Person
HC
3
SCHEDULE 13D
CUSIP
No.
641208103
l)
Name
of Reporting Person
LeRoy
C. Kopp
2)
Check
the Appropriate Box if a Member of a Group
(a)
[ ]
(b)
[ ]
3)
SEC
Use Only
4)
Source
of Funds
PF;
OO (501(c)(3) corporation funds)
5)
Check
if Disclosure of Legal Proceedings is Required Pursuant to Items 2(d) or 2(e) [
]
6)
Citizenship
or Place of Organization
United
States
Number
of Shares Beneficially Owned by Each Reporting Person With:
|
|
|
7)
|
Sole
Voting Power:
|
None
|
8)
|
Shared
Voting Power
|
None
|
9)
|
Sole
Dispositive Power:
|
1,199,000
|
10)
|
Shared
Dispositive Power:
|
None
|
11)
Aggregate
Amount Beneficially Owned by Each Reporting Person
1,918,240
12)
Check
Box if the Aggregate Amount in Row (11) Excludes Certain Shares
[ ]
13)
Percent
of Class Represented by Amount in Row (11)
7.01%
14)
Type
of Reporting Person
IN
4
Item
1. Security and Issuer
This
statement relates to the common stock (Common Stock), $.01
par value,
of Network Equipment Technologies, Inc., a Delaware corporation (the Company),
whose principal executive offices are located at 6900 Paseo Padre Parkway,
Fremont, California 94555-3660.
Item
2. Identity and Background
(a)
This
statement is filed by: Kopp Investment Advisors, LLC (KIA) with respect
to shares of Common Stock owned by clients and held in discretionary accounts
managed by KIA; Kopp Holding Company, LLC (KHCLLC) solely as the parent entity
of KIA and indirect beneficial owner of the shares of Common Stock beneficially
owned by KIA; and LeRoy C. Kopp individually with respect to shares of Common
Stock that may be deemed beneficially owned directly by him and indirectly,
including by virtue of his position as the control person of KHCLLC. The
foregoing persons are sometimes referred to as Reporting Persons.
Certain information concerning the directors and executive officers of the
corporate Reporting Persons is set forth on Schedule A attached hereto and
incorporated herein by reference. Any disclosures with respect to persons
other than the Reporting Persons are made on information and belief after making
inquiry to the appropriate party.
(b)
The
business address of each of the Reporting Persons and directors and executive
officers is 7701 France Avenue South, Suite 500, Edina, Minnesota 55435.
(c)
The
principal business of KIA is that of an investment adviser managing
discretionary accounts owned by numerous third-party clients. KHCLLC is a
holding company engaged, through its subsidiary, in the investment industry.
The principal occupation of Mr. Kopp is serving as the chief executive
officer of KHCLLC and KIA.
(d)
None
of the persons referred to in paragraph (a) above has, during the last five
years, been convicted in a criminal proceeding (excluding traffic violations
and/or similar misdemeanors).
(e)
None
of the persons referred to in paragraph (a) above has, during the last five
years, been a party to a civil proceeding of a judicial or administrative body
of competent jurisdiction and as a result of such proceeding was or is subject
to a judgment, decree or final order enjoining future violations of, or
prohibiting or mandating activities subject to, federal or state securities laws
or finding any violation with respect to such laws.
(f)
KIA
and KHCLLC are Minnesota limited liability companies. Mr. Kopp and all
other directors and executive officers of the Reporting Persons are citizens of
the United States.
Item
3. Source and Amount of Funds or Other Consideration
The
net investment cost (including commissions, if any) of the shares of Common
Stock directly or indirectly beneficially owned by Mr. Kopp, which includes
shares beneficially owned by the other Reporting Persons, at
February 15,
2008, was $15,797,842.02. The shares beneficially owned by KIA were
purchased with the investment capital of the owners of the discretionary client
accounts. The shares beneficially owned directly and indirectly (other
than through KIA) by Mr. Kopp were purchased with Mr. Kopps investment capital
or the funds of a 501(c)(3) corporation. See Item 5 below.
Item
4. Purpose of Transaction
The
Reporting Persons acquired the shares of Common Stock for investment purposes,
and the Reporting Persons intend to evaluate the performance of such securities
as an investment in the ordinary course of business. The Reporting Persons
pursue an investment objective of long-term capital appreciation. In
5
pursuing
this investment objective, the Reporting Persons analyze the management,
operations and markets of companies in which they invest, including the Company,
on a continual basis through analysis of research and discussions with industry
and market observers and with representatives of such companies.
Each
Reporting Person that owns shares of Common Stock assesses the Companys
business, financial condition, and results of operations as well as economic
conditions and securities markets in general and those for the Companys shares
in particular. Depending on such assessments, one or more of such
Reporting Persons may acquire additional shares or may sell or otherwise dispose
of all or some of the shares of Common Stock. Such actions will depend on
a variety of factors, including current and anticipated trading prices for the
Common Stock, alternative investment opportunities, and general economic,
financial market and industry conditions.
Except
as described in this Item 4, none of the Reporting Persons nor any other person
named in Schedule A has any plans or proposals that relate to, or would result
in, any matter required to be disclosed in response to paragraphs (a) through
(j), inclusive, of Item 4 of Schedule 13D. The shares of Common Stock were
not acquired for the purpose, nor with the effect, of changing or influencing
the control of the Company. The Reporting Persons are filing this
Statement on Schedule 13D, as opposed to Schedule 13G, due to the fact that the
shares of Common Stock that may be deemed to be beneficially owned by Mr. Kopp
directly and indirectly (other than through KIA) exceed 1% of the shares of
Common Stock outstanding. Neither any of the Reporting Persons nor any
client or shareholder thereof is a member of a group for any purpose.
Item
5. Interest in Securities of the Issuer
(a)
Generally
by virtue of limited powers of attorney and/or investment advisory agreements,
KIA is the beneficial owner of 1,870,840 shares, or approximately 6.83%, of the
Common Stock. By virtue of the relationships described in Item 2 of this
statement, KHCLLC and Mr. Kopp may have indirect beneficial ownership of the
shares beneficially owned by KIA.
In
addition, Mr. Kopps indirect beneficial ownership may comprise Common Stock
held in the Kopp Family Foundation, a 501(c)(3) corporation for which he serves
as a director, and held in his wifes individual retirement account (IRA) and
owned directly by her. Mr. Kopps direct beneficial ownership may comprise
Common Stock held in his IRA and held directly by him. In the aggregate,
including the shares beneficially owned by KIA, under Section 13 of the Act, Mr.
Kopp may be deemed beneficially to own a total of 1,918,240 shares, or
approximately 7.01%, of the Common Stock.
(b)
KIA
has the sole power to vote 1,870,840
shares of the Common Stock.
Pursuant to the limited powers of attorney granted to KIA by its clients,
which generally are terminable immediately upon notice, KIA in effect shares
with the majority of its clients the power to dispose of the 719,240 shares of
Common Stock owned individually by its clients. Mr. Kopp has the sole
power to dispose of 1,199,000 shares of Common Stock beneficially owned directly
and indirectly (other than through KIA) by him.
(c)
The
identity of the Reporting Person, type of transaction, date, number of shares,
and price per share (excluding commission) for all transactions in the Common
Stock by the Reporting Persons since the last Schedule 13D filing on January 4,
2008 are set forth on Schedule B attached hereto and incorporated by reference
herein. Substantially all trades by the Reporting Persons are done in the
over-the-counter market.
(d)
With
respect to the shares held in a fiduciary or representative capacity, persons
other than the Reporting Persons have the right to receive or the power to
direct the receipt of dividends from or the proceeds of the sale of such shares
of Common Stock.
6
(e)
Not
applicable.
Item
6. Contracts, Arrangements, Understandings or Relationships with Respect
to Securities of the Issuer
Except
as disclosed in this Schedule 13D, there are no contracts, understandings, or
relationships between the Reporting Persons and any third person with respect to
the shares of Company common stock. The filing of this Schedule shall NOT
be construed as an admission that a Reporting Person or any other person is a
beneficial owner of any shares of Common Stock for any purpose, including for
purposes of Sections 13, 14 or 16 of the Act.
Item
7. Material to Be Filed as Exhibits
Exhibit
1 A written agreement relating to the filing of this statement pursuant to
Rule 13d-1(k).
Signatures
After
reasonable inquiry and to the best of our knowledge and belief, the undersigned
certify that the information set forth in this statement is true, complete, and
correct.
Dated:
February 21, 2008
KOPP INVESTMENT
ADVISORS, LLC
/s/ John P.
Flakne
BY: John P.
Flakne
TITLE: Chief
Financial Officer
KOPP HOLDING COMPANY,
LLC
/s/ John P.
Flakne
BY: John P.
Flakne
TITLE: Chief
Financial Officer
LEROY C.
KOPP
/s/ LeRoy C.
Kopp
7
Exhibit 1
JOINT FILING AGREEMENT
In
accordance with Rule 13d-1(k) under the Securities Exchange Act of 1934, as
amended, the undersigned hereby agree to the joint filing with all other
Reporting Persons (as such term is defined in the Schedule 13D) on behalf of
each of them of a statement on Schedule 13D (including amendments thereto) with
respect to the Common Stock (as defined) and to the attachment of this agreement
to the Schedule 13D as Exhibit 1 thereto.
IN
WITNESS WHEREOF, the undersigned hereby execute this Agreement this 21st day of
February, 2008.
KOPP INVESTMENT
ADVISORS, LLC
/s/ John P.
Flakne
BY: John P.
Flakne
TITLE: Chief
Financial Officer
KOPP HOLDING COMPANY,
LLC
/s/ John P.
Flakne
BY: John P.
Flakne
TITLE: Chief
Financial Officer
LEROY C.
KOPP
/s/ LeRoy C.
Kopp
Schedule A
List of Directors and Executive Officers
LeRoy
C. Kopp
, individually, and as Sole Governor and Chairman and Chief
Investment Officer of KHCLLC, and as Sole Governor and Chairman and Chief
Investment Officer of KIA
Sally
A. Anderson
as President and Senior Strategist of KHCLLC, and as President
and Senior Strategist of KIA
John
P. Flakne
as Chief Financial Officer, Chief Operating Officer and Secretary
of KHCLLC and as Chief Financial Officer, Chief Operating Officer, Chief
Compliance Officer and Secretary of KIA
A-1
Schedule B
Daily Trade Report
January 1, 2008 to February 15,
2008
|
|
|
|
|
Trade Date
|
Reporting Person
|
Transaction Activity
(Buy/Sell/Transfer)
|
Quantity (#)
|
Price ($)
|
1/7/2008
|
KIA
|
Buy
|
3,000
|
7.91
|
1/8/2008
|
KIA
|
Transfer*
|
1,400
|
7.38
|
1/24/2008
|
KIA
|
Buy
|
2,500
|
7.45
|
1/24/2008
|
KIA
|
Buy
|
2,500
|
7.46
|
1/28/2008
|
KIA
|
Sell
|
44
|
7.22
|
1/28/2008
|
KIA
|
Sell
|
1,456
|
7.22
|
1/29/2008
|
KIA
|
Buy
|
300
|
7.54
|
2/1/2008
|
KIA
|
Buy
|
1,500
|
7.36
|
2/4/2008
|
KIA
|
Buy
|
2,500
|
7.00
|
2/5/2008
|
KIA
|
Buy
|
2,000
|
7.08
|
2/5/2008
|
KIA
|
Buy
|
2,800
|
7.08
|
2/5/2008
|
KIA
|
Buy
|
865
|
7.08
|
2/5/2008
|
KIA
|
Buy
|
1,000
|
7.08
|
2/5/2008
|
KIA
|
Buy
|
1,000
|
7.06
|
2/5/2008
|
KIA
|
Buy
|
1,800
|
7.06
|
2/5/2008
|
KIA
|
Buy
|
2,000
|
7.06
|
2/7/2008
|
KIA
|
Buy
|
5,500
|
7.00
|
2/7/2008
|
KIA
|
Buy
|
600
|
7.00
|
2/7/2008
|
KIA
|
Buy
|
1,200
|
7.00
|
2/8/2008
|
KIA
|
Buy
|
3,000
|
7.04
|
2/8/2008
|
KIA
|
Buy
|
1,200
|
7.04
|
2/8/2008
|
KIA
|
Buy
|
750
|
7.04
|
2/11/2008
|
KIA
|
Buy
|
1,500
|
6.25
|
2/12/2008
|
KIA
|
Buy
|
10,000
|
5.97
|
2/12/2008
|
KIA
|
Buy
|
6,000
|
5.98
|
2/12/2008
|
KIA
|
Buy
|
2,000
|
5.98
|
2/12/2008
|
KIA
|
Buy
|
3,000
|
5.98
|
2/12/2008
|
KIA
|
Buy
|
10,000
|
6.18
|
2/12/2008
|
KIA
|
Buy
|
20,000
|
5.97
|
2/12/2008
|
KIA
|
Buy
|
2,000
|
5.98
|
2/12/2008
|
KIA
|
Buy
|
1,200
|
6.11
|
2/12/2008
|
KIA
|
Buy
|
5,000
|
6.11
|
2/12/2008
|
KIA
|
Buy
|
3,000
|
6.15
|
2/12/2008
|
KIA
|
Buy
|
2,000
|
5.99
|
2/13/2008
|
KIA
|
Buy
|
1,800
|
5.91
|
2/13/2008
|
KIA
|
Buy
|
4,500
|
5.91
|
B-1
|
|
|
|
|
Trade Date
|
Reporting Person
|
Transaction Activity
(Buy/Sell/Transfer)
|
Quantity (#)
|
Price ($)
|
2/13/2008
|
KIA
|
Buy
|
1,000
|
5.91
|
2/13/2008
|
KIA
|
Buy
|
1,500
|
5.91
|
2/13/2008
|
KIA
|
Buy
|
1,800
|
5.91
|
2/13/2008
|
KIA
|
Buy
|
4,000
|
5.90
|
2/14/2008
|
KIA
|
Buy
|
4,000
|
5.91
|
2/14/2008
|
KIA
|
Buy
|
250
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
4,500
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.99
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
800
|
5.93
|
2/14/2008
|
KIA
|
Buy
|
500
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
1,000
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
600
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
1,000
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
1,900
|
5.98
|
2/14/2008
|
KIA
|
Buy
|
3,700
|
6.01
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
1,000
|
6.11
|
2/14/2008
|
KIA
|
Buy
|
2,500
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
500
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
850
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
750
|
5.91
|
2/14/2008
|
KIA
|
Buy
|
600
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
600
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
650
|
5.93
|
2/14/2008
|
KIA
|
Buy
|
3,000
|
6.01
|
2/14/2008
|
KIA
|
Buy
|
500
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.20
|
2/14/2008
|
KIA
|
Buy
|
2,800
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
2
|
6.04
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
298
|
6.04
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
600
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
500
|
6.06
|
B-2
|
|
|
|
|
Trade Date
|
Reporting Person
|
Transaction Activity
(Buy/Sell/Transfer)
|
Quantity (#)
|
Price ($)
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
500
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
500
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.07
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.08
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
200
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
500
|
6.09
|
2/14/2008
|
KIA
|
Buy
|
2,000
|
5.91
|
2/14/2008
|
KIA
|
Buy
|
1,100
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.92
|
2/14/2008
|
KIA
|
Buy
|
300
|
5.93
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
1,900
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.02
|
2/14/2008
|
KIA
|
Buy
|
200
|
5.99
|
2/14/2008
|
KIA
|
Buy
|
1,700
|
6.00
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
2,300
|
5.99
|
2/14/2008
|
KIA
|
Buy
|
200
|
5.97
|
B-3
|
|
|
|
|
Trade Date
|
Reporting Person
|
Transaction Activity
(Buy/Sell/Transfer)
|
Quantity (#)
|
Price ($)
|
2/14/2008
|
KIA
|
Buy
|
300
|
6.02
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.93
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.93
|
2/14/2008
|
KIA
|
Buy
|
300
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
600
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
300
|
5.94
|
2/14/2008
|
KIA
|
Buy
|
300
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
300
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
200
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
200
|
5.97
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.98
|
2/14/2008
|
KIA
|
Buy
|
100
|
5.98
|
2/14/2008
|
KIA
|
Buy
|
400
|
5.91
|
2/14/2008
|
KIA
|
Buy
|
2,000
|
5.91
|
2/14/2008
|
KIA
|
Buy
|
1,200
|
5.91
|
2/14/2008
|
KIA
|
Buy
|
4,100
|
5.95
|
2/14/2008
|
KIA
|
Buy
|
3,100
|
2.90
|
2/14/2008
|
KIA
|
Buy
|
24
|
7.10
|
2/14/2008
|
KIA
|
Buy
|
100
|
6.05
|
2/14/2008
|
KIA
|
Buy
|
4,576
|
6.06
|
2/14/2008
|
KIA
|
Buy
|
500
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
1,750
|
6.26
|
2/14/2008
|
KIA
|
Buy
|
3,500
|
5.96
|
2/14/2008
|
KIA
|
Buy
|
500
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
700
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
850
|
6.30
|
2/14/2008
|
KIA
|
Buy
|
1,000
|
6.31
|
2/14/2008
|
KIA
|
Buy
|
400
|
6.03
|
2/14/2008
|
KIA
|
Buy
|
4,500
|
6.20
|
2/14/2008
|
KIA
|
Buy
|
1,500
|
6.00
|
2/14/2008
|
KIA
|
Buy
|
2,000
|
6.00
|
2/14/2008
|
KIA
|
Buy
|
3,000
|
5.91
|
B-4
|
|
|
|
|
Trade Date
|
Reporting Person
|
Transaction Activity
(Buy/Sell/Transfer)
|
Quantity (#)
|
Price ($)
|
2/15/2008
|
KIA
|
Buy
|
1,400
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
6,000
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
450
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
3,500
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
4,000
|
5.96
|
2/15/2008
|
KIA
|
Buy
|
800
|
5.84
|
2/15/2008
|
KIA
|
Buy
|
500
|
5.97
|
2/15/2008
|
KIA
|
Buy
|
1,000
|
5.96
|
2/15/2008
|
KIA
|
Buy
|
1,200
|
5.81
|
2/15/2008
|
KIA
|
Buy
|
600
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
1,200
|
5.87
|
2/15/2008
|
KIA
|
Buy
|
400
|
5.93
|
2/15/2008
|
KIA
|
Buy
|
2,500
|
5.93
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.85
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.86
|
2/15/2008
|
KIA
|
Buy
|
900
|
5.87
|
2/15/2008
|
KIA
|
Buy
|
900
|
5.84
|
2/15/2008
|
KIA
|
Buy
|
1,500
|
5.89
|
2/15/2008
|
KIA
|
Buy
|
1,200
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
2,500
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
750
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
1,800
|
5.96
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.81
|
2/15/2008
|
KIA
|
Buy
|
250
|
5.80
|
2/15/2008
|
KIA
|
Buy
|
900
|
5.81
|
2/15/2008
|
KIA
|
Buy
|
2,000
|
5.96
|
2/15/2008
|
KIA
|
Buy
|
850
|
5.96
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.87
|
2/15/2008
|
KIA
|
Buy
|
2,200
|
5.88
|
2/15/2008
|
KIA
|
Buy
|
1,700
|
5.89
|
2/15/2008
|
KIA
|
Buy
|
200
|
5.85
|
2/15/2008
|
KIA
|
Buy
|
300
|
5.86
|
2/15/2008
|
KIA
|
Buy
|
1,200
|
6.00
|
2/15/2008
|
KIA
|
Buy
|
1,200
|
6.00
|
2/15/2008
|
KIA
|
Buy
|
375
|
5.83
|
2/15/2008
|
KIA
|
Buy
|
1,500
|
5.89
|
2/15/2008
|
KIA
|
Buy
|
1,200
|
5.98
|
2/15/2008
|
KIA
|
Buy
|
1,000
|
5.92
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.79
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.83
|
B-5
|
|
|
|
|
Trade Date
|
Reporting Person
|
Transaction Activity
(Buy/Sell/Transfer)
|
Quantity (#)
|
Price ($)
|
2/15/2008
|
KIA
|
Buy
|
300
|
5.79
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.82
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.82
|
2/15/2008
|
KIA
|
Buy
|
150
|
5.82
|
2/15/2008
|
KIA
|
Buy
|
100
|
6.02
|
2/15/2008
|
KIA
|
Buy
|
500
|
6.02
|
2/15/2008
|
KIA
|
Buy
|
500
|
6.02
|
2/15/2008
|
KIA
|
Buy
|
900
|
6.02
|
2/15/2008
|
KIA
|
Buy
|
1,500
|
5.84
|
2/15/2008
|
KIA
|
Buy
|
1,000
|
5.98
|
2/15/2008
|
KIA
|
Buy
|
1,400
|
5.93
|
2/15/2008
|
KIA
|
Buy
|
1,500
|
5.90
|
2/15/2008
|
KIA
|
Buy
|
100
|
5.87
|
2/15/2008
|
KIA
|
Buy
|
300
|
5.79
|
2/15/2008
|
KIA
|
Buy
|
400
|
5.80
|
2/15/2008
|
KIA
|
Buy
|
300
|
5.81
|
2/15/2008
|
KIA
|
Buy
|
300
|
5.82
|
2/15/2008
|
KIA
|
Buy
|
400
|
5.83
|
2/15/2008
|
KIA
|
Buy
|
700
|
5.84
|
2/15/2008
|
KIA
|
Buy
|
1,000
|
5.85
|
2/15/2008
|
KIA
|
Buy
|
3,000
|
5.99
|
2/15/2008
|
KIA
|
Buy
|
1,000
|
6.02
|
2/15/2008
|
KIA
|
Buy
|
3,500
|
5.89
|
2/15/2008
|
KIA
|
Buy
|
1,250
|
5.98
|
*
These shares were transferred out of discretionary client accounts managed by
KIA; as a result, KIA no longer beneficially owns these shares.
B-6