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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
2013 Plan Option
(1)
|
Â
(2)
|
08/24/2025 |
Common Stock
|
40,677
|
$
28.09
|
D
|
Â
|
2013 Restricted Stock Units
(3)
|
Â
(4)
|
Â
(4)
|
Common Stock
|
7,119
|
$
(4)
|
D
|
Â
|
2013 Plan Performance Shares
(5)
|
Â
(5)
|
Â
(5)
|
Common Stock
|
11,391
|
$
(5)
|
D
|
Â
|
* |
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) |
Non-Qualified Stock Option in respect of shares of common stock granted under the 2013 Performance Plan. |
(2) |
The option vests and becomes exercisable in 25% increments over four years commencing one year after the date of grant. |
(3) |
Restricted Stock Units, each equivalent to a share of common stock, granted under the 2013 Performance Plan. |
(4) |
The Restricted Stock Units vest and convert into shares of common stock on August 24, 2018. |
(5) |
Performance Share Unit grant under the 2013 Performance Plan, contingently payable (to the extent earned) 100% in shares of common stock in February 2018. The number of Units paid, which can range from 0% to 200% of the Units reported on this Form 3, depends on the attainment of certain performance targets over a 3-year period ending December 31, 2017, and is subject to further increase or decrease of up to 20% based on the Company's total shareholder return vs. the S&P 500 over the 3-year period ending December 31, 2017. |