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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) (1) | $ 2.5 (2) | 11/20/2006 | M | 30,000 (2) | 09/22/2003 | 09/22/2009 | Common Shares | 30,000 (2) | $ 0 | 0 | D | ||||
Employee stock option (right to buy) (1) | $ 1.85 (2) | 11/20/2006 | M | 10,313 (2) | 06/04/2006 | 06/04/2012 | Common Shares | 10,313 (2) | $ 0 | 0 | D | ||||
Employee stock option (right to buy) (1) | $ 1.85 (2) | 11/20/2006 | M | 18,000 (2) | 06/04/2006 | 06/04/2012 | Common Shares | 18,000 (2) | $ 0 | 0 | D | ||||
Employee stock option (right to buy) (1) | $ 4.05 (2) | 12/23/2005 | 12/23/2013 | Common Shares | 1,500 (2) | 1,500 | D | ||||||||
Employee stock option (right to buy) (1) | $ 4.05 (2) | 12/23/2007 | 12/23/2013 | Common Shares | 9,000 (2) | 10,500 | D | ||||||||
Employee stock option (right to buy) (1) | $ 7.35 (2) | 12/28/2008 | 12/28/2014 | Common Shares | 7,500 (2) | 18,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SUMMA WOLFGANG J 6150 PARKLAND BLVD., # 100 MAYFIELD HTS., OH 44124 |
Vice President-Operations |
/s/ Arthur C. Hall III as attorney-in-fact for Wolfgang J. Summa under Power of Attorney | 11/22/2006 | |
**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) | Options were granted under the Company's Amended and Restated 1996 Key Employees and Consultants Stock Option Plan in reliance upon the Exemption provided by Rule 16-b-3. |
(2) | The number and exercise price of Derivative Securities beneficially owned has been adjusted to reflect the Company's 3 for 2 share split which occurred on August 31, 2005. |