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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 | ||||||||
Restricted Stock Units (RSUs) | (3) | 02/01/2010 | M(1) | 4,934 | (4) | (4) | Common | 4,934 | $ 0 | 9,866 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Koley Patrick J. 520 LAKE COOK ROAD DEERFIELD, IL 60015 |
Sr VP-Strategy & Corp. Dev. |
Angela M. Pla, Attorney-in-Fact for Patrick J. Koley | 02/03/2010 | |
**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) | Reflects the vesting and payment of one-third of a restricted stock unit award made under the Company's 2007 Long-Term Incentive Plan. |
(2) | Reflects the withholding by the issuer of shares awarded to the undersigned having a fair market value equal to the withholding taxes payable by the undersigned at the time the award vested, such transaction being exempt under Rule 16b-3(e). |
(3) | Each RSU converts to one share of the issuer's common stock. |
(4) | Payment of the remaining RSUs will be made in two equal installments on or about January 31st of 2011 and 2012 if Mr. Koley remains employed through each of those dates, or in the event of death or disability. |
Remarks: On February 1, 2010, one-third of a restricted stock unit award (RSUs) granted to Mr. Koley on February 23, 2009 vested and became payable in shares of the issuer's common stock. Mr. Koley was paid 4,934 shares of the issuer's common stock (one share for each restricted stock unit which vested). The Company withheld 1,563 shares in payment of taxes. As a result, Mr. Koley increased his direct ownership to 3,371 shares of the issuer's common stock. The remaining RSUs awarded to Mr. Koley on February 23, 2009 will become payable on or about January 31st of 2011 and 2012 if he remains employed through January 31, 2011 and 2012, or in the event of death or disability. Mr. Koley also owns options to purchase 17,600 shares of the issuer's common stock and an additional 17,600 RSUs. |