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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 | ||||||||
Performance Stock Award | (1) | 02/23/2017 | A | 40,786 (2) | 12/31/2019(3) | 03/15/2020 | Common Stock, Par Value $.01 | 40,786 | $ 0 | 40,786 | D | ||||
Restricted Stock Units | (4) | 02/23/2017 | A | 27,190 | 02/23/2020 | 02/23/2020 | Common Stock, Par Value $.01 | 27,190 | $ 0 | 27,190 | D | ||||
Performance Stock Award | (1) | 01/01/2017 | 02/23/2017(5) | Common Stock, Par Value $.01 | 0 | 0 (6) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PARRINI DANTE C 96 SOUTH GEORGE STREET SUITE 520 YORK, PA 17401 |
X | Chairman, President and CEO |
Linda M. Levans by POA | 02/27/2017 | |
**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) | Not applicable to this transaction |
(2) | PSA Award amount reflects a target number. Actual payout will range from 0% to 200% of target subject to attainment of performance goals. |
(3) | This is a Performance Share Award with a performance period of 1/1/2017-12/31/2018, and a one year vesting tail through 12/31/2019. |
(4) | Not applicable to this transaction. RSUs have no value until all restrictions lapse on the final vesting date. |
(5) | Date of Board determination of Performance Share Award payout percentage. |
(6) | Company performance targets for 19,747 PSAs granted 2/26/2014 were not met, so grant will expire with no payout. |