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 | ||||
Performance Stock Unit | Â (2) | Â (2) | Common Stock | 16,708 | $ (2) | D | Â |
Performance Stock Unit | Â (3) | Â (3) | Common Stock | 16,576 | $ (3) | D | Â |
Performance Stock Unit | Â (4) | Â (4) | Common Stock | 6,415 | $ (4) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bart Todd 2121 OLD GATESBURG ROAD SUITE 110 STATE COLLEGE, PA 16803 |
 |  |  VP & Chief Accounting Officer |  |
/s/ Todd Bart | 09/11/2018 | |
**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) | Includes (i) 11,500 shares of common stock; (ii) 5,570 restricted stock units, granted on April 22, 2016, that vest on April 22, 2019; (iii) 11,051 restricted stock units, granted on February 24, 2017, that vest in two substantially equal annual installments beginning February 24, 2019; and (iv) 6,415 restricted stock units, granted on February 23, 2018, that vest in three substantially equal annual installments beginning February 23, 2019, in each case subject to the continued service of the reporting person. Each restricted stock unit represents the right to receive one share of common stock per unit. |
(2) | Represents performance stock units representing the right to receive one share of common stock per unit granted on April 22, 2016 under the Company's 2014 Long-Term Incentive Plan, as amended (the "2014 Plan"), the vesting of which is subject to the satisfaction of certain performance criteria in the period beginning on January 1, 2016 and ending on December 31, 2018. |
(3) | Represents performance stock units representing the right to receive one share of common stock per unit granted on February 24, 2017 under the 2014 Plan, the vesting of which is subject to the satisfaction of certain performance criteria in the period beginning on January 1, 2017 and ending on December 31, 2019. |
(4) | Represents performance stock units representing the right to receive one share of common stock per unit granted on February 23, 2018 under the 2014 Plan, the vesting of which is subject to the satisfaction of certain performance criteria in the period beginning on January 1, 2018 and ending on December 31, 2020. |
 Remarks: Ex. 24 - Power of Attorney |