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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 | ||||||||
Stock Option (right to buy) | $ 11.31 | 11/16/2004 | M | 48,614 | (6) | 12/29/2008 | Common Stock | 48,614 | $ 0 | 0 | D | ||||
Stock Option (right to buy) | $ 11.31 | 11/17/2004 | M | 80,441 | (6) | 12/29/2008 | Common Stock | 80,441 | $ 0 | 0 | D | ||||
Stock Option (right to buy) | $ 11.31 | 11/18/2004 | M | 70,945 | (6) | 12/29/2008 | Common Stock | 70,945 | $ 0 | 0 | D | ||||
Stock Option (right to buy) | $ 14.44 | 11/18/2004 | M | 4,375 | (6) | 06/19/2011 | Common Stock | 4,375 | $ 0 | 8,125 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
KANDERS WARREN B C/O KANDERS & COMPANY, INC. ONE LANDMARK SQUARE, 22ND FL STAMFORD, CT 06901 |
X | Chairman of the Board and CEO |
/s/ Warren B. Kanders | 11/18/2004 | |
**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) | Represents the number of shares withheld by the issuer to satisfy tax withholding incurred obligations by the vesting on November 18, 2004, of 25,000 shares of restricted common stock held by the reporting person. |
(2) | In addition to the shares reported herein, the reporting person's children beneficially own 4,760 shares of common stock. The reporting person disclaims beneficial ownership of these shares. |
(3) | The amount of securities reported as beneficially owned following the reported transaction includes: (i) 25,500 shares of common stock award to the reporting person by the issuer as a restricted stock award which vests on December 31, 2016; (ii) 10,447 shares of common stock awarded to the reporting person by the issuer as a restricted stock award which vests on December 31, 2004; (iii) 200,000 shares of a vested, deferred restricted stock grant which is deferred until November 11, 2008; (iv) 4,613 shares of a common stock awarded to the reporting person by the issuer as a restricted stock award which vests on February 9, 2005; (v) 4,614 shares of common stock awarded to the reporting person by the issuer as a restricted stock award which vests on February 9, 2006; and (vi) 4,614 shares of common stock awarded to the reporting person by the issuer as a restricted stock award which vests on February 9, 2007, in each case subject to acceleration under certain circumstances. |
(4) | The reporting person is the sole stockholder and sole director of Kanders Florida Holdings, Inc. |
(5) | In addition to the derivative securities reported herein, the Reporting Person is the beneficial owner of options to purchase (i) 110,000 shares at an exercise price of $23.93 per share, (ii) 475,000 shares at an exercise of $24.07 per share, and (iii) 300,000 shares at an exercise of $14.32 per share. |
(6) | Presently exercisable. |