1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security |
5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Employee Stock Option (right to buy)
|
Â
(5)
|
02/24/2024 |
Common Stock
|
1,464
|
$
61.25
|
D
|
Â
|
Employee Stock Option (right to buy)
|
Â
(6)
|
02/26/2025 |
Common Stock
|
1,956
|
$
61.75
|
D
|
Â
|
* |
If the form is filed by more than one reporting person, see Instruction 5(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) |
Represents award of restricted stock units ("RSUs"). RSUs may be settled only for shares of common stock on a one-for-one basis. |
(2) |
Represents RSUs that vest subject to continued service with the Company) on an annual basis over the three year period begining on Mr. Burke's start date with the Company on May 5, 2014. The vesting schedule is 990 units on May 5, 2015, 990 units on May 5, 2016 and 1020 units on May 5, 2017. During the period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs. These accrued RSUs will vest pursuant to the same vesting schedule. |
(3) |
Represents award of RSUs that will vest on December 31, 2016, assuming continued employment. During the vesting period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs. |
(4) |
Represents award of RSUs that will vest on December 31, 2017, assuming continued employment. During the vesting period, an amount equal to the dividends that would have been paid on the RSUs had they been in the form of common stock will be converted into additional RSUs. |
(5) |
The option becomes exercisable on December 31, 2016, assuming continued employment. |
(6) |
The option becomes exercisable on December 31, 2017, assuming continued employment. |