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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 | ||||||||
Option (Right to Buy) | $ 10.1725 | (2) | 01/31/2010 | Common Stock | 4,000 | 4,000 | D | ||||||||
Option (Right to Buy) | $ 14 | 02/01/2003(4) | 02/01/2011 | Common Stock | 8,000 | 8,000 | D | ||||||||
Option (Right to Buy) | $ 14.625 | (5) | 02/15/2012 | Common Stock | 19,392 | 19,392 | D | ||||||||
Option (Right to Buy) | $ 14.625 | (6) | 02/15/2012 | Common Stock | 10,608 | 10,608 | D | ||||||||
Option (Right to Buy) | $ 14.82 | 02/07/2008 | 02/07/2013 | Common Stock | 6,746 | 6,746 | D | ||||||||
Option (Right to Buy) | $ 14.82 | (7) | 02/07/2013 | Common Stock | 23,254 | 23,254 | D | ||||||||
Option (Right to Buy) | $ 20.445 | 11/06/2003 | 10/15/2007 | Common Stock | 88 | 88 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SATTERLEE SCOTT 8100 MITCHELL ROAD, #200 EDEN PRAIRIE, MN 55344 |
Vice President |
/s/ Scott Satterlee | 12/09/2005 | |
**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) | Includes shares held in the employee stock purchase plan as of a statement dated 12/1/2005. |
(2) | Currently 100% vested. |
(3) | The shares granted are available to vest over five years beginning in 2006, based on the financial performance of the Company. |
(4) | Vests in 25% annual cumulative increments on the anniversary of the date of grant beginning this date. |
(5) | Vests as to 3,408 shares on 2/15/2004, 4,226 shares on 2/15/2005, 4,922 shares on 2/15/2007 and 6,836 shares on 2/15/2007. |
(6) | Vests as to 4,092 shares on 2/15/2004, 3,274 shares on 2/15/2005, 2,578 shares on 2/15/2006 and 664 shares on 2/15/2007. |
(7) | Vests as to 7,500 shares on each of 2/7/2005, 2/7/2006 and 2/7/2007 and 754 shares on 2/7/2008. |
Remarks: All numbers of shares appearing in Table I, column 5, and Table II, columns 7 and 9, and the option exercise prices on Table II, column 2, have been adjusted to reflect a two-for-one stock split effective on 10/14/2005. |