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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
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 control number. | SEC 1474 (9-02) |
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 Underlying Securities (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 of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Hale Wayne 2511 GARDEN ROAD BLDG A, SUITE 200 MONTEREY, CA 93940 |
EVP and COO |
William J. Leatherberry, Attorney-in-Fact for Wayne Hale | 03/04/2008 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Reports shares sold to satisfy tax obligations in connection with the vesting of common stock granted to Reporting Person on March 1, 2007, one-third of which vests on each of the first, second and third anniversaries of the grant date. |
(2) | Represents the average price of 2,980 shares. The individual prices and quantities are as follows: 100 at $65.76; 100 at $65.73; 300 at $65.72; 100 at $65.71; 100 at $65.68; 200 at $65.67; 200 at $65.60; 400 at $65.59; 1,100 at $65.57; 100 at $65.51 and 280 at $65.50. |
(3) | The amount shown here includes both the vested and unvested portions of the March 1, 2007, grant of common stock set forth above in footnote (1). |
(4) | Reported by 401(k) trustee as of March 3, 2008. |