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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MCGILL WILLIAM H JR 18167 U.S. HIGHWAY 19 NORTH SUITE 300 CLEARWATER, FL 33764 |
X | President, Chairman, and CEO |
Jack P. Ezzell, Attorney-in-Fact | 12/14/2007 | |
**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) | On December 2, 2004, the Issuer granted 30,000 shares of common stock to the Reporting person subject to certain vesting requirements (the "Restricted Stock"). The Reporting Person and the Issuer entered into an agreement effective as of December 12, 2007, pursuant to which the Reporting Person exchanged the Restricted Stock for 30,000 Restricted Stock Units on the same terms and conditions. |
(2) | On November 2, 2005, the Issuer granted 70,000 shares of common stock to the Reporting person subject to certain vesting requirements (the "Restricted Stock"). The Reporting Person and the Issuer entered into an agreement effective as of December 12, 2007, pursuant to which the Reporting Person exchanged the Restricted Stock for 70,000 Restricted Stock Units on the same terms and conditions. |
(3) | Each Restricted Stock Unit represents the right to receive one share of the Issuer's common stock. The shares underlying the Restricted Stock Units will vest on December 2, 2008, subject to the Reporting Person's continous service with the Issuer. |