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 | ||||
Stock Options | 01/03/2005 | 01/03/2011 | Common Stock | 520 | $ 11.9584 | D | Â |
Stock Options | 01/03/2005 | 01/03/2012 | Common Stock | 1,040 | $ 16.71 | D | Â |
Stock Options | 01/03/2005 | 01/03/2013 | Common Stock | 1,418 (2) | $ 23.2381 | D | Â |
Stock Options | 01/02/2005 | 01/02/2014 | Common Stock | 1,575 (3) | $ 28.581 | D | Â |
Stock Options | 01/03/2006 | 01/03/2015 | Common Stock | 1,250 (4) | $ 33.57 | D | Â |
Stock Options | 01/03/2007 | 01/03/2016 | Common Stock | 2,000 (5) | $ 33.42 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Murray Dane H 195 EAST MAIN STREET HARLEYVILLE, SC 29448 |
 |  |  Executive Vice President |  |
Dane H. Murray | 04/26/2006 | |
**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) | Total includes 42,600 direct shares, 980 unvested restricted shares, 5,112.31 shares held in an IRA, 4,850.93 shares held in an employee-sponsored 401K plan and 6,686.25 shares held in the name of Delta Partnership. |
(2) | Of the 1,418 options, only 945 are vested at this time. The remaining 473 will be vested 1/3/2007. |
(3) | Of the 1,575 stock options, only 50% are vested at this time. The remaining shares vest at 25% per year beginning 1/2/2007 through 1/2/2008. |
(4) | Only 25% of the 1,250 shares are vested at this time. The remaining shares will vest at 25% per year for three years beginning 1/3/2007 through 1/3/2009. |
(5) | These options vest at 25% per year beginning 1/3/2007 through 1/2/2010. |