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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 | ||||||||
Restricted Stock Units | $ 0 (1) | 01/25/2014 | M(1) | 13,889 | (5) | (6) | Common Stock | 13,889 | $ 0 | 13,889 | D | ||||
Restricted Stock Units | $ 0 (1) | 01/26/2014 | M(1) | 11,582 | (7) | (6) | Common Stock | 11,582 | $ 0 | 0 | D | ||||
Performance Based Restricted Stock Units | $ 0 (1) | 01/26/2014 | M(1) | 34,746 | (8) | (6) | Common Stock | 34,746 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Wyshner David B 6 SYLVAN WAY PARSIPPANY, NJ 07054 |
Sr EVP and CFO |
/s/ Jean M. Sera, by Power of Attorney for David B. Wyshner | 01/28/2014 | |
**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) | Represents restricted stock units which automatically converted to Common Stock upon the vesting of such units on a one-to-one basis. |
(2) | Represents tax withholdings in connection with the vesting of 13,889 shares of restricted stock units. |
(3) | Represents tax withholdings in connection with the vesting of 11,582 shares of restricted stock units. |
(4) | Represents tax withholdings in connection with the vesting of 34,746 shares of restricted stock units. |
(5) | Original grant vests in three equal installments on January 25, 2013, 2014 and 2015. |
(6) | Expiration date not applicable. |
(7) | Original grant vests in three equal installments on January 26, 2012, 2013 and 2014. |
(8) | 100% of the units vested on the third anniversary of the date of grant based on the Company's achievement of certain average price-per share performance goals. |