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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 | ||||||||
Restricted Stock Units | (1) | 05/16/2012 | M | 3,500 | (2) | (2) | Common Stock | 3,500 | $ 0 | 0 | D | ||||
Restricted Stock Units | (1) | 05/17/2012 | A | 3,500 | (3) | (3) | Common Stock | 3,500 (4) | $ 0 | 3,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
REISSNER JAMES K |
X |
Getey M. Ritchott, Attorney-in-Fact for James Reissner | 05/18/2012 | |
**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) | Each restricted stock unit represents the contingent right to receive one share of Rimage stock. |
(2) | The restricted stock units vest in full one day prior to the subsequent year's annual meeting provided the director continues to provide services to Rimage on that date. Stock units not subject to deferral by the reporting person will be paid witin 90 days following the date the restricted stock units first vest. |
(3) | Restrictions lapse on the earlier of: a) the first business day immediately prior to the Company's 2013 Annual Meeting of Shareholders if the Board member continues to provide services to the Company on that date or b) the date of the Board member's death or disability or change in control of the Company. |
(4) | The reporting person has elected to defer maturity of 0% of the shares. |