|
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 |
|
| |||||||||||||||||||||||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ALTHASEN PAUL 39 BARLING ROAD BARLING, ESSEX, ENGLAND SS30QD, X0 |
X | Executive Vice President |
Jeffrey B. Newman, Attorney in fact for Paul Althasen | 03/15/2007 | |
**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) | This grant of restricted stock is to compensate Mr. Althasen for his services as a deemed outside director of the Company. This grant of restricted stock vests over three years with one-third vesting on the date of the 2007 annual stockholders meeting, one third vesting on the date of the 2008 annual stockholders meeting, and the remaining one-third on the date of the 2009 annual stockholders meeting. |
(2) | This grant of restricted stock is to compensate Mr. Althasen for the advisory services provided under his ongoing arrangement with the Company. This grant of restricted stock vests over three years, with two-thirds vesting on the date of the 2007 annual stockholders meeting and one-third vesting on the date of the 2008 annual stockholders meeting. |
(3) | This grant of restricted stock is to compensate Mr. Althasen for the advisory services provided under his ongoing arrangement with the Company. This grant of restricted stock vests over three years with one-third vesting on the first anniversary of the grant date, and one-third each anniversary thereafter. |