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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) | $ 22.57 | 06/14/2018 | M | 7,922 | (5) | 07/11/2018 | Common Stock | 7,922 | $ 0 | 0 (6) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Beech Michael F 1801 BAYBERRY COURT P.O. BOX 18100 RICHMOND, VA 23226 |
Executive Vice President |
/s/Lindsay K. Blackwood Lindsay K. Blackwood, Attorney-in-Fact | 06/14/2018 | |
**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 7,922 options held since the grant date of July 11, 2012 and due to expire on July 11, 2018. As a result of this transaction, Mr. Beech owns an additional 3,297 shares of the Company's common stock and received no cash proceeds from the exercise of the options. 4,625 shares were sold at a weighted average market price of $78.67 per share to fund the exercise price, related taxes and fees. |
(2) | Includes Restricted Stock Units that have not yet vested. |
(3) | Weighted average of sales prices, which ranged from $78.20 to $79.00. The Reporting Person undertakes to provide upon request by the SEC staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
(4) | Includes Restricted Stock Units that have not yet vested as well as 3,297 shares of the Company's common stock acquired as a result of the exercise of 7,922 options, due to expire on July 11, 2018. See Table II and related footnotes. |
(5) | The options vested in three installments as follows: 2,641 shares on July 11, 2013, 2,641 shares on July 11, 2014, and 2,640 shares on July 11, 2015. |
(6) | The Reporting Person held options (unvested) for a total of 19,857 shares as of June 14, 2018, following the Reported Transactions. |