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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units
|
Â
(1)
|
Â
(2)
|
Common Stock
|
9,072
|
$
0
|
D
|
Â
|
Performanced-Based Restricted Stock Units
|
Â
(3)
|
Â
(4)
|
Common Stock
|
67,377
(5)
|
$
0
|
D
|
Â
|
Service-Based Restricted Stock Units
|
Â
(3)
|
Â
(4)
|
Common Stock
|
33,688
|
$
0
|
D
|
Â
|
Performanced-Based Restricted Stock Units
|
Â
(3)
|
Â
(4)
|
Common Stock
|
31,447
(5)
|
$
0
|
D
|
Â
|
Service-Based Restricted Stock Units
|
Â
(3)
|
Â
(4)
|
Common Stock
|
15,723
|
$
0
|
D
|
Â
|
* |
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) |
Restricted stock units will vest on the second anniversary of the date of grant. Shares are payable on the fourth anniversary of the date of grant or upon the occurrence of death, disability, retirement or involuntary termination without cause. |
(2) |
The restricted stock units terminate upon the delivery of shares as described in footnote 1. |
(3) |
Performance-Based Restricted Stock Units and Service-Based Restricted Stock Units vest and become payable on the third anniversary of the date of grant, except in cases of death, disability, retirement, involuntary termination or change in control. |
(4) |
Performance-Based Restricted Stock Units and Service-Based Restricted Stock Units terminate upon their payout 1/3 in cash and 2/3 in shares of common stock. |
(5) |
This number represents payout at target. Actual payout may be adjusted up or down depending upon achievement of performance targets. |