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|Insider Buy Sell Ratios||Stock Options|| Insider Trading |
| Insider Trading |
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"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
What is insider trading>>
| FORM 4 |
| 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
| ( 1 )Includes 699 shares acquired under the Issuer's ESPP on June 28, 2019.|
( 2 )Represents withholding of shares to satisfy tax obligations upon the vesting of restricted stock.
( 3 )Each share of Deferred Stock represents the right to receive one share of the Issuer's common stock.
( 4 )8,000 shares of Deferred Stock were granted on February 22, 2017 and vested in three equal installments beginning on February 22, 2018. The Deferred Stock is fully vested as of February 22, 2020.
( 5 )The Deferred Stock will be delivered to the reporting person in a lump sum upon separation from service. The reporting person may transfer the Deferred Stock into an alternative investment six months and one day following vesting of the Deferred Stock.
( 6 )35,000 shares of Deferred Stock were granted February 22, 2017. 11,666 shares vested on February 22, 2020, another 11,667 will vest on February 22, 2021, and 11,6667 will vest on February 22, 2022.
( 7 )Each Performance Share Unit ("PSU") represents the contingent right to receive one share of the Issuer's common stock based on certain vesting conditions.
( 8 )On February 22, 2017, 4,000 PSUs were granted and the vesting and award of Issuer's common stock was contingent upon achievement of specified performance targets over the three year period from 2017 through 2019, with potential to earn a number of shares of common stock between 0% and 200% of the number of target PSUs awarded. The Issuer determined that the maximum performance conditions were fully satisfied, and as a result, 8,000 PSUs vested. The reporting person elected to defer the common stock awarded upon vesting of these PSUs.
|* 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).|