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"
- Peter Lynch
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- Peter Lynch
What is insider trading>>
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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: The acquisition of the Issuer's common stock reported on this Form 4 resulted from the exercise of an option granted by the Issuer's Compensation Committee, a committee of non-employee directors, and is therefore exempt from section 16(b) of the Securities Exchange Act of 1934, as amended (the "Act"), pursuant to rule 16b-3(d)(1) thereunder. The disposition of such common stock reported was made pursuant to a tax withholding right approved by the Compensation Committee in connection with such option at the time it was granted and is therefore also exempt from section 16(b) of the Act pursuant to rule 16b-3(e) thereunder. |
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.