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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 | ||||||||
Common Stock (6) | $ 10.53 | 12/07/2007 | J | 20,000 | 01/07/2008 | 12/07/2017 | Common Stock | 20,000 | $ 10.53 | 154,700 | I (5) | By Spouse |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BARBIER REMI |
X | X | President and CEO |
/s/ Remi Barbier | 05/02/2008 | |
**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) | This proposed sale in made pursuant to a plan intended to comply with Rule 10b5-1(c), previously adopted on February 7, 2007 when I was not aware of material non-public information. |
(2) | Pursuant to a 10b5-1(c) plan, 25,000 shares were sold in thirty-four (34) lots at prices ranging from $6.98 and $7.43 per share. |
(3) | Pursuant to a 10b5-1(c) plan, 25,000 shares were sold in twenty-one (21) lots at prices ranging from $7.36 and $7.57 per share. |
(4) | Common stock purchased pursuant to Company's 2000 Employee Stock Purchase Plan. |
(5) | This filing is done in connection with a transaction by a member of the immediate family of the reporting person. These transactions are exempt under section 16b-3. |
(6) | Incentive Stock Options are granted based on the Internal Revenue Service limitations and Non-Qualifying Stock Options are granted for options exeeding those limits. Stock Options are vested over a four (4) year period at at rate of 1/48th per month. |