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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 | ||||||||
Incentive Stock Option (right to buy) | $ 53.86 | 03/03/2008 | A | 1,856 | 03/03/2012(5) | 03/03/2018 | Common Stock | 1,856 | $ 0 | 1,856 | D | ||||
Non-qualified Stock Option (right to buy) | $ 53.86 | 03/03/2008 | A | 29,309 | 03/03/2009(5) | 03/03/2018 | Common Stock | 29,309 | $ 0 | 29,309 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Weinstein Stephen Howard RENAISSANCE HOUSE 8-20 EAST BROADWAY PEMBROKE , BERMUDA, D0 HM19 |
SVP, General Counsel & Secty |
/s/ Anthony E. Szydlowski, Attorney-in-Fact | 03/05/2008 | |
**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) | These shares are scheduled to vest in four equal installments beginning on March 3, 2009. |
(2) | Represents exclusively shares withheld by the Registrant in respect of payment of withholding tax liability incurred upon the vesting of restricted shares. |
(3) | On March 3, 2008, the reporting person made a gift of 445 shares of Common Stock to a trust for the benefit of a minor child of the reporting person. |
(4) | These shares were gifted to and are held directly by a trust for the benefit of a minor child of the reporting person, and may be deemed to be beneficially owned by the reporting person. |
(5) | On March 3, 2008, the Registrant granted Mr. Weinstein employee stock options comprised of (i) 1,856 incentive stock options which are scheduled to vest in a single installment on March 3, 2012 and (ii) a total of 29,309 non-qualified stock options which are scheduled to vest in four annual installments of 7,792, 7,791, 7,791 and 5,935 beginning on March 3, 2009. |