UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option (Right to Buy) | Â (1) | 10/30/2013 | Common Stock | 10,000 | $ 17.8 | D | Â |
Employee Stock Option (Right to Buy) | Â (2) | 11/26/2018 | Common Stock | 2,945 | $ 2.99 | D | Â |
Employee Stock Option (Right to Buy) | Â (3) | 12/08/2019 | Common Stock | 15,000 | $ 7 | D | Â |
Employee Stock Option (Right to Buy) | Â (4) | 11/18/2020 | Common Stock | 15,000 | $ 7.54 | D | Â |
Employee Stock Option (Right to Buy) | Â (5) | 11/18/2021 | Common Stock | 17,500 | $ 6.1 | D | Â |
Employee Stock Option (Right to Buy) | 09/06/2012(6) | 11/26/2018 | Common Stock | 10,000 | $ 2.99 | D | Â |
Performance Rights | Â (7) | 11/18/2013 | Common Stock | 7,546 | $ 0 | D | Â |
Performance Rights | Â (8) | 11/18/2014 | Common Stock | 8,000 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McGill William B 18167 US HIGHWAY 19 NORTH SUITE 300 CLEARWATER, FL 33764 |
 |  |  Vice President West Operations |  |
Kurt M. Frahn, Attorney-in-Fact | 01/03/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | 20% of the total number of options granted vested and became exercisable on the annual anniversary of the October 30, 2003 date of grant, commencing on October 30, 2006. |
(2) | 1/36th of the total number of options granted vested and became exercisable on the 26th day of each month commencing on the date of grant, November 26, 2008. |
(3) | 1/36 of the options vest and become exercisable on a monthly basis for a three-year period beginning on the date of grant, December 8, 2009. |
(4) | 1/36 of the options vest and become exercisable on a monthly basis for a three-year period beginning on the date of grant, November 18, 2010. |
(5) | 1/36 of the options vest and become exercisable on a monthly basis for a three-year period beginning on the date of grant, November 18, 2011. |
(6) | On November 26, 2008, the reporting person was granted an option to purchase 10,000 shares of common stock. The option fully vests based on the Issuer's satisfaction of certain performance criteria. On September 6, 2012, the Issuer's Compensation Committee determined the performance criteria was met, resulting in the vesting of the total number of shares underlying the option. |
(7) | Each performance right, granted November 18, 2010, represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over an approximate three-year performance period. The number represents the maximum number of shares that may be delivered pursuant to the award. |
(8) | Each performance right, granted November 18, 2011, represents a contingent right to receive one share of the Issuer's common stock. The performance rights vest based on achievement of certain target performance of the Issuer's stock price over an approximate three-year performance period. The number represents the maximum number of shares that may be delivered pursuant to the award. |
 Remarks: This amended Form 3 is being filed solely to include the 10,000 employee stock options that vested on September 6, 2012 upon the Issuer's satisfaction of certain performance criteria that were inadvertently omitted from the original Form 3. |