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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 (3) | (4) | 02/13/2015 | J(5) | 354 | 01/01/2015 | 03/15/2015 | Common Stock, Par Value $.01 | 354 | (4) | 14,470 | D | ||||
Performance Stock Award (3) | (4) | 02/13/2015 | J(6) | 5,833 | 01/01/2015 | 03/15/2015 | Common Stock, Par Value $.01 | 5,833 | (4) | 8,637 | D | ||||
Performance Stock Award (3) | (4) | 02/13/2015 | M(1) | 8,637 | 01/01/2015 | 03/15/2015 | Common Stock, Par Value $.01 | 8,637 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
JANKI BRIAN E 96 S. GEORGE STREET SUITE 520 YORK, PA 17401 |
Senior VP, Bus.Unit Pres.-SPBU |
Linda M. Levans by POA | 02/17/2015 | |
**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) | Indicates vesting of Performance Share Awards. Based on achievement of performance targets, payout percentage was at 59.7% of the original target, adjusted to include accrued dividend equivalents. |
(2) | These shares are being withheld to satisfy tax obligations. |
(3) | PSA Award amount reflects a target number. Actual payout will range from 0% to 150% of target subject to attainment of performance goals. |
(4) | Not applicable to this transaction |
(5) | Dividends accrue on the target amount of PSA awards, and the purpose of this filing is to update the award amount to reflect the accrued dividends, payment of which is subject to attainment of the performance goals and payment of the underlying award. |
(6) | Payout percentage of PSA was at 59.7%. These shares represent the portion of the award that was unearned and cancelled. |