Insider filing report for Changes in Beneficial Ownership
"Insiders might sell their shares for any number of reasons, but they buy them for only one: they think the price will rise"
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FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP 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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Remarks: On November 1, 2011 the Reporting Person received 40,000 restricted stock units ("RSUs") corresponding to notional sharesof common stock under the Issuer's 2011 Omnibus Incentive Plan. The restrictions on 20,000 of these RSUs lapsed on November 1, 2013. On December 6, 2012 the Reporting Person entered into a Rule 10b5-1 Plan (the "Plan") pursuant to which the Reporting Personscheduled the sale of sufficient shares of Company stock to cover the Reporting Person's income tax liability resulting from thelapse of the restrictions on the aforementioned RSUs. The sales referenced in this Form 4 reflect the sales provided for in thePlan. |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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). |
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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 Number.