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 |
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
05/20/2025 |
Common Stock, $.10 Par Value
|
15,046
|
$
17.49
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
05/20/2024 |
Common Stock, $.10 Par Value
|
12,544
|
$
21.17
|
D
|
Â
|
Non-Qualified Stock Option (right to buy)
|
Â
(3)
|
11/12/2023 |
Common Stock, $.10 Par Value
|
12,862
|
$
32.85
|
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) |
This total includes 11,626 restricted stock units that represent a contingent right to receive one share of the registrant's common stock per unit. The units vest incrementally over four years from their grant dates, with 25% of the total becoming vested on each of the first through fourth anniversaries of the grant dates. This total also includes 17,214 performance units. Each performance unit represents a contingent right to receive one share of the registrant's common stock. Vesting will occur subsequent to the attainment of certain performance criteria approved by the Compensation Committee of the registrant's Board of Directors for designated three-year performance periods. If the performance criteria are exceeded, vesting may occur in an amount up to 200% of the reported number of shares; likewise, if the performance criteria are not attained, less than 100% of the reported number of shares may be vested. |
(2) |
These shares are held under the Company's 401(k) Retirement Savings Plan, 20% of which have vested. |
(3) |
These stock options will vest incrementally over four years, with 25% vesting on the first anniversary of the grant and 25% each 12 months thereafter until 100% vested. Option term is 10 years from date of grant. |