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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) | $ 19.05 | 06/15/2016 | M | 40,000 | (4) | 07/08/2016 | Common Stock | 40,000 | $ 0 | 0 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dziedzic Joseph W 1801 BAYBERRY COURT P.O. BOX 18100 RICHMOND, VA 23226 |
Exec Vice Pres and CFO |
/s/Lindsay K. Blackwood, Attorney-in-Fact | 06/17/2016 | |
**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) | Reflects the exercise of 40,000 options held since the grant date of July 8, 2010 and due to expire on July 8, 2016. As a result of this transaction, Mr. Dziedzic owns an additional 7,168 shares of the Company's common stock and received no cash proceeds from the exercise of the options. 32,832 shares were withheld by the Issuer at a market price of $28.98 per share to fund the exercise price and related taxes. |
(2) | Includes Restricted Stock Units that have not yet vested. |
(3) | Includes Restricted Stock Units that have not yet vested as well as 7,168 shares of the Company's common stock acquired as a result of the exercise of 40,000 options, due to expire on July 8, 2016. See Table II and related footnotes. |
(4) | The options vested in three installments as follows: 13,334 shares on July 8, 2011, 13,333 shares on July 8, 2012, and 13,333 shares on July 8, 2013. |
(5) | The Reporting Person held options (vested) for a total of 82,029 shares as of June 15, 2016, following the Reported Transactions. |