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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 | |
BIDDLE WILLING L 53 ELMWOOD ROAD SOUTH SALEM, NY 10590 |
X | X | President and CEO |
/s/ Willing L. Biddle | 12/22/2017 | |
**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) | On December 22, 2017, Willing L. Biddle sold or transferred 57,844 shares of Common Stock to the Willing L. Biddle 2012 Dynasty Trust and 51,698 shares of Common Stock to the Catherine U. Biddle 2012 Dynasty Trust at $16.00 per share. |
(2) | Shares held by the reporting person, of which 990,000 are restricted shares, subject to vesting, issued pursuant to the Issuer's Restricted Stock Award Plan. |
(3) | Shares held by Willing L. Biddle 2012 Dynasty Trust. |
(4) | Shares held by Catherine U. Biddle 2012 Dynasty Trust. |
(5) | Shares held by Catherine U. Biddle, spouse of the reporting person, of which 4,100 are restricted shares, subject to vesting, issued to Mrs. Biddle pursuant to the Issuer's Restricted Stock Award Plan. |
(6) | Shares held by Willing L. Biddle Inherited IRA. |
(7) | Shares held by Charles Biddle Trust. |
(8) | Shares held by Shares held by Trust UW PTB Art 4.1. |
(9) | Shares held by Excess Benefit and Deferred Compensation Plan of 2005, of which the Reporting Person is a participant. |