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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 | ||||||||
Performance Shares | $ 0 (4) | 02/18/2010 | A | 15,465 | 12/31/2012(4) | 12/31/2012(4) | Common | 15,465 | $ 0 | 143,825 | D | ||||
Stock Appreciation Right | $ 40.53 | 02/18/2010 | A | 14,560 | 02/18/2011(5) | 02/18/2017(5) | Common | 14,560 | $ 40.53 | 158,385 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SCHROEDER SCOTT C 840 GESSNER ROAD, SUITE 1400 HOUSTON, TX 77024 |
Vice President & CFO |
Lisa A. Machesney, Attorney-in-Fact for Scott C. Schroeder | 02/22/2010 | |
**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) | One-third vesting of a hybrid performance share award made on February 20, 2008. Total award of 12,250 shares vest one-third on each of the three one year anniversary dates following February 20, 2008, provided the company has positive operating income in the year prior to vesting. |
(2) | Disposition of shares to cover tax liability on the hybrid performance share vesting. |
(3) | One-third vesting of hybrid performance share award made on February 19, 2009. Total award of 26,670 shares vest one-third on each of the three one year anniversary dates following February 19, 2009, provided the company has positive operating income in the year prior to vesting. |
(4) | The performance shares provide for payment in common stock and cash in an amount ranging from 0-200% of the performance shares awarded based upon certain performance criteria over a three year performance period. |
(5) | Grant to reporting person under 2004 Incentive Plan. SAR becomes exerciseable in increments of one-third, (i.e. 4,853, 4,853, and 4,854) on February 18, 2011, February 18, 2012 and February 18, 2013, respectively. |