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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 | ||||||||
Non-Qualified Stock Option (right to buy) | $ 14.66 | (2) | 11/02/2016 | Common Stock | 6,650 | 6,650 | D | ||||||||
Non-Qualified Stock Option (right to buy) | $ 2.48 | 12/12/2001 | 12/12/2011 | Common Stock | 50,000 | 50,000 | I | Held by spouse (5) | |||||||
Non-Qualified Stock Option (right to buy) | $ 3.05 | 11/06/2003 | 11/06/2013 | Common Stock | 10,000 | 10,000 | I | Held by spouse (5) | |||||||
Non-Qualified Stock Option (right to buy) | $ 6.95 | 03/12/2007 | M | 10,000 | (1) | 04/15/2015 | Common Stock | 10,000 | $ 6.95 | 5,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
NEAL WILLIAM W 401 PARK AVENUE SOUTH NEW YORK, NY 10016 |
X |
Thomas G. Archbold for William W. Neal. Authorized by power of attorney dated October 25, 2004. | 03/14/2007 | |
**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) | Options vest in 1/3 increments with 1/3 vesting on the grant date, and the remainder vesting equally on the next 2 anniversary dates. |
(2) | Options vest in 25% increments on the anniversary date of the grant, starting on the first anniversary date. |
(3) | Filing individual engaged in cashless exercise of in-the-money stock options, exempt under Rule 16b-6(b). 9,000 shares subject to option reported in this Form 4 were sold on the same day that the options were executed, at an average price of $19.57. In each case, the sale price of the shares (Code F) was used to pay the exercise price. The remaining 1,000 shares (Code G) was gifted by the filing individual to his spouse, and he disclaims beneficial ownership. |
(4) | Pursuant to the gift (Code G) reported above, these shares are held by the spouse of the filing individual. The filing individual disclaims beneficial ownership. |
(5) | These options to purchase are held by the spouse of the filing individual. The filing individual disclaims beneficial ownership. |