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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) | $ 6 | 10/02/2015 | M | 8,811 (1) | (4) | 02/15/2016 | Common Stock | 8,811 | $ 0 | 4,005 | D | ||||
Employee Stock Option (right to buy) | $ 5.85 | 10/02/2015 | M | 70,358 (1) | (5) | 03/17/2016 | Common Stock | 70,358 | $ 0 | 14,642 | D | ||||
Employee Stock Option (right to buy) | $ 8.5 | 10/02/2015 | M | 500 (1) | (6) | 09/25/2016 | Common Stock | 500 | $ 0 | 0 | D | ||||
Employee Stock Option (right to buy) | $ 15.49 | 10/02/2015 | M | 54,421 (1) | (7) | 12/21/2016 | Common Stock | 54,421 | $ 0 | 51,673 | D | ||||
Employee Stock Option (right to buy) | $ 15.49 | 10/05/2015 | M | 910 (1) | (7) | 12/21/2016 | Common Stock | 910 | $ 0 | 50,763 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
COHEN RON 420 SAW MILL RIVER ROAD ARDSLEY, NY 10502 |
X | President and CEO |
/s/ Ron Cohen | 10/06/2015 | |
**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) | Exercises and sales pursuant to a 10b5-1 plan. All of the exercised options were scheduled to expire in 2016 on the expiration dates reported within Table II unless exercised. The reporting person sold the shares resulting from the option exercises with the intent to use the proceeds from those sales primarily to cover the exercise prices of the exercised options as well as to fund tax obligations resulting from the reported transactions and other transactions relating to issuer common stock awards granted to the reporting person. |
(2) | The price reported represents the weighted average sales price of shares sold in multiple transactions at prices ranging from $28.00 to $28.14 per share. The reporting person will provide to the issuer, any security holder of the issuer or the SEC staff, upon request, information regarding the number of shares sold at each price within the range. |
(3) | These shares were previously reported as directly beneficially owned by the reporting person. On May 28, 2015, the reporting person contributed these shares to a grantor retained annuity trust established by the reporting person. The reporting person is the sole trustee of the grantor retained annuity trust. |
(4) | The shares subject to these options vested in installments and were fully vested on 2/15/2010. |
(5) | The shares subject to these options vested in installments and were fully vested on 11/10/2010. |
(6) | The shares subject to these options vested in installments and were fully vested on 9/25/2010. |
(7) | The shares subject to these options vested in installments and were fully vested on 1/1/2011. |