UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Phantom Share Units | Â (2) | Â (2) | Registered Shares | 9,249 | $ (3) | D | Â |
Performance Share Units | Â (4) | Â (4) | Registered Shares | (4) | $ (4) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dunn Ernest L 2000 ST. JAMES PLACE HOUSTON, TX 77056 |
 |  |  Vice President - Production |  |
Danette H. Twining, by Power of Attorney | 03/11/2013 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | Includes 111,000 restricted shares that vest as follows: an aggregate of 6,000 that vest ratably on each of February 2, 2014 and 2015; an aggregate of 30,000 that vest ratably on each of November 7, 2013, 2014 and 2015; an aggregate of 75,000 that vest ratably on each of February 12, 2014, 2015 and 2016; and an aggregate of 32,244 that vest ratably on each of March 7, 2014, 2015 and 2016. |
(2) | The phantom share units were credited under the Issuer's Executive Deferred Compensation Stock Ownership Plan. All units are fully vested. Distributions under the plan are made upon termination of employment, retirement or death of the participant, or not later than January 1, 2017. |
(3) | The phantom share units convert to registered shares on a one-for-one basis. |
(4) | The Reporting Person holds 32,244 performance share units. Each performance unit represents a contingent right to receive 0 to 2 shares. The conversion ratio ultimately applied to these performance units will be determined based on the absolute increase in the issuer's share price over the performance period (fiscal years 2013-2015). The units are scheduled to vest on January 1, 2016. |