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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 | |
SIMPLOT J R 999 MAIN ST BOISE, ID 83702 |
X |
J.R. Simplot, by Ronald N. Graves, as Attorney-in-Fact | 06/29/2006 | |
**Signature of Reporting Person | Date | |
J.R. Simplot Self Declaration of Revocable Trust, by J.R. Simplot, Trustee, by Ronald N. Graves, as Attorney-in-Fact | 06/29/2006 | |
**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) | See "Explanation of Responses." |
(2) | Ownership Form: D: 2,870,588 (See Item 7) I: 1,657,007 (See Item 7) |
(3) | Prior to the distribution reported in Item 4 (the "Distribution"), the J.R. Simplot Self Declaration of Revocable Trust, of which Mr. J.R. Simplot is the beneficiary, (the "Trust"), held approximately a 78.28% limited partnership interest in JRS Properties III LP ("JRS Properties III"). A trust for the benefit of Mr. Simplot's spouse ("Mrs. Simplot's Trust") held approximately a 10.11% limited partnership interest in JRS Properties III. **Continued at Footnote 4** |
(4) | **Continuation of Footnote 3** Following the Distribution, 1,657,007 shares of REM Common Stock are directly owned by JRS Properties III. (Of these shares, 950,000 shares are subject to previously-reported variable share forward sale contracts and 420,000 shares are subject to a previously-reported variable share postpaid forward sale contract.) The 2,870,588 shares distributed to the Trust by JRS Properties III, as reported in Item 4 above, are not subject to these forward sale contracts. Following the Distribution, the Trust holds approximately a 59.92% limited partnership interest and Mrs. Simplot's Trust holds approximately an 18.65% interest in JRS Properties III. |
Remarks: Explanation of Responses: On June 27, 2006, JRS Properties III distributed 2,870,588 shares of Common Stock to the Trust in partial redemption of the Trust's limited partnership interest in JRS Properties III, based upon the market price of the Common Stock on June 1, 2006. |