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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) | $ 48.82 | 11/21/2007 | J | 7,500 | (1) | 08/23/2017 | Class A Common | 0 | (2) | 0 | D | ||||
Employee Stock Option (Right to Buy) | $ 52.99 | 11/21/2007 | J | 4,500 | (1) | 09/13/2015 | Class A Common | 3,000 | (3) | 3,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 54.3 | 11/21/2007 | J | 2,000 | (4) | 07/30/2014 | Class A Common | 3,000 | (5) | 3,000 | D | ||||
Employee Stock Option (Right to Buy) | $ 48.8 | 11/21/2007 | J | 4,000 | (4) | 10/28/2013 | Class A Common | 16,000 | (6) | 16,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MCCUISTION DENNIS 68 VISTA COURT POTTSBORO, TX 75076 |
Director, Resigned 11/21/2007 |
Dennis McCuistion | 11/23/2007 | |
**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) | These options vest and become exercisable as follows: on each anniversary date of the grant, commencing with the first such anniversary date and continuing on each such anniversary thereafter through and including the fifth anniversary of the date of the grant, 20% of such options shall vest and become exercisable. The date of grant is 10 years prior to the stated expiration date. |
(2) | On November 21, 2007, the Reporting Person tendered his resignation as a director of the Issuer. Pursuant to the Resignation Agreement, the director and Issuer agreed that all unvested options would terminate as of the date of resignation and all vested options would continue in effect until their expiration of earlier exercise. As of November 21, 2007, of the 7,500 options granted on 08/23/2007, no options were vested. Pursuant to the Resignation Agreement, the unvested options terminated on November 21, 2007. |
(3) | On November 21, 2007, the Reporting Person tendered his resignation as a director of the Issuer. Pursuant to the Resignation Agreement, the director and Issuer agreed that all unvested options would terminate as of the date of resignation and all vested options would continue in effect until their expiration of earlier exercise. As of November 21, 2007, of the 7,500 options granted on 09/13/2005, 3,000 options were vested and 4,500 options were unvested. Pursuant to the Resignation Agreement, the unvested options terminated on November 21, 2007. |
(4) | These options vest and become exercisable as follows: on the third anniversary date of the grant, 60% of such options will vest and become exercisable; and on each of the fourth and fifth anniversary dates of the grant, 20% of such options will vest and become exercisable. The date of grant is 10 years prior to the stated expiration date. |
(5) | On November 21, 2007, the Reporting Person tendered his resignation as a director of the Issuer. Pursuant to the Resignation Agreement, the director and Issuer agreed that all unvested options would terminate as of the date of resignation and all vested options would continue in effect until their expiration of earlier exercise. As of November 21, 2007, of the 5,000 options granted on 07/30/2004, 3,000 options were vested and 2,000 options were unvested. Pursuant to the Resignation Agreement, the unvested options terminated on November 21, 2007. |
(6) | On November 21, 2007, the Reporting Person tendered his resignation as a director of the Issuer. Pursuant to the Resignation Agreement, the director and Issuer agreed that all unvested options would terminate as of the date of resignation and all vested options would continue in effect until their expiration of earlier exercise. As of November 21, 2007, of the 20,000 options granted on 10/28/2003, 16,000 options were vested and 4,000 options were unvested. Pursuant to the Resignation Agreement, the unvested options terminated on November 21, 2007. |