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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 | ||||||||
Employee Stock Option (Right to buy) | $ 30.63 (1) | 01/01/2007 | A | 7,500 | (2) | (2) | Common Stock | 7,500 | $ 30.63 | 7,500 | D | ||||
Employee Stock Option (Right to buy) | $ 21.93 (1) | 01/01/2007(6) | 01/01/2016(6) | Common Stock | 7,500 | 7,500 (5) | D | ||||||||
Employee Stock Option (Right to buy) | $ 22.23 (1) | 01/01/2005(6) | 01/01/2014(6) | Common Stock | 3,750 | 3,750 (5) | D | ||||||||
Employee Stock Option (Right to buy) | $ 22.77 (1) | 01/01/2006(6) | 01/01/2015(6) | Common Stock | 7,875 | 7,875 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CORBAN STEPHEN M 2405 COUNTRY CLUB ROAD TUPELO, MS 38804 |
Sr. Executive Vice President |
Stephen Corban | 01/04/2007 | |
**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) | The conversion or exercise price is one for one. |
(2) | Equal installments of 33 1/3 of the optin shares granted will be available for exercise upon completion of one, two, and three years service measured from January 1, 2007, respectively. The options expire ten 10 years from the grant date. |
(3) | This is the target amount of a performance based restricted stock grant available at the end of the 2007 Performance Cycle if certain performance criteria is met. Any adjustment to the Target Award (whether an incrase or decrease) will be reported at the time of the actual determinatin of performance as compared to the applicable threshold, target and maximum Performance Objectives. In no event, however, will be the number of shares awarded exceed 150% of the number of shares of the target award. |
(4) | Share Price will be the closing price of the common stock on the day stock is issued. |
(5) | The number of shares reflects stock splits since the initial grant. |
(6) | Beginning with this, equal installments of 33 1/3 of the option shares granted will be available for exercise upon completion of one, two, and three years service measured from date of grant, respectively. The options expire ten 10 years from the grant date. |