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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 | ||||||||
Common Stock | $ 33.62 | 10/28/2015 | 10/28/2015 | M | 37,500 | 01/03/2012 | 01/03/2016 | COMMON STOCK | 37,500 | $ 33.62 | 0 | D | |||
Common Stock | $ 33.62 | 10/28/2015 | 10/28/2015 | M | 37,500 | 01/03/2013 | 01/03/2016 | COMMON STOCK | 37,500 | $ 33.62 | 0 | D | |||
Common Stock | $ 33.62 | 10/28/2015 | 10/28/2015 | M | 37,500 | 01/03/2014 | 01/03/2016 | COMMON STOCK | 37,500 | $ 33.62 | 0 | D | |||
Common Stock | $ 33.62 | 10/28/2015 | 10/28/2015 | M | 37,500 | 01/03/2015 | 01/03/2016 | COMMON STOCK | 37,500 | $ 33.62 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GROSS ROBERT G 200 HOLLEDER PARKWAY ROCHESTER, NY 14615 |
X | Executive Chairman |
/s/ Maureen E. Mullholland as POA for Robert G. Gross | 10/29/2015 | |
**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) | As permitted pursuant to the terms of the 2007 Incentive Stock Plan, the reporting person delivered these securities to the Issuer in order to pay for the exercise of options reported on Tables I and II and certain personal tax obligations related to such exercise. The securities were valued at the closing price of the Issuer's stock on October 28, 2015, the date on which the reporting person exercised the options and surrendered the shares. |
(2) | The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $76.00 to $76.049, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request. |
(3) | The reporting person has completed all intended sales of the Issuer's stock as disclosed on his Form 144 dated October 28, 2015, which were undertaken for personal tax planning and diversification purposes. |