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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 | ||||||||
Director Stock Options (Right to Buy) | $ 18.04 | 05/05/2005 | A | 5,000 | 05/05/2005 | 05/05/2015 | Common Stock | 5,000 | (3) | 5,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LATTANZIO PAUL S 7 LINCOLN WOODS PURCHASE, NY 10577 |
X |
/s/ John H. Spurgin, II, by power of attorney | 05/06/2005 | |
**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) | Mr. Lattanzio was awarded these shares in lieu of cash compensation for his services as a member of the board of directors. He was awarded 43 shares for his telephonic participation at a meeting of the finance, risk management and audit ("FRMA" ) committee held on May 4, 2005. The share calculation is based on a telephonic meeting fee of $750 and a May 3, 2005 closing price per share of $17.43. |
(2) | Mr. Lattanzio was awarded these shares in lieu of cash compensation for his services as a member of the board of directors. He was awarded 188 shares for his attendance at meetings of the finance, risk management and audit ("FRMA" ) committee and the board of directors held on May 5, 2005. The share calculation is based on an in-person meeting fee of $1,500 for attendance at the FRMA committee meeting, a meeting fee of $2,000 for attendance at the board of directors meeting, and a May 4, 2005 closing price per share of $18.57. |
(3) | Director stock options have no purchase or sale price. |