UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Incentive Stock Option (Right to Buy) - Date Granted 8/31/95 | Â (1) | 08/31/2005 | Common Stock | 6,000 | $ 7.1875 | D (2) (3) | Â |
Incentive Stock Option (Right to Buy) - Date Granted 9/5/96 | Â (4) | 09/04/2006 | Common Stock | 6,000 | $ 7.9688 | D (2) (3) | Â |
Incentive Stock Option (Right to Buy) - Date Granted 9/4/97 | Â (5) | 09/03/2007 | Common Stock | 16,000 | $ 8.75 | D (2) (3) | Â |
Incentive Stock Option (Right to Buy) - Date Granted 9/3/98 | Â (5) | 09/02/2008 | Common Stock | 12,000 | $ 10.9375 | D | Â |
Incentive Stock Option (Right to Buy) - Date Granted 9/2/99 | Â (5) | 09/02/2009 | Common Stock | 13,000 | $ 16.2813 | D | Â |
Stock Option (Right to Buy) Date Granted 9/7/00 | Â (5) | 09/06/2010 | Common Stock | 12,000 | $ 20.9688 | D | Â |
Incentive Stock Option (Right to Buy) Date Granted 9/11/2001 | Â (6) | 09/10/2011 | Common Stock | 24,000 | $ 27.79 | D | Â |
Incentive Stock Option (Right to Buy) Date Granted 9/11/2001 | Â (7) | 09/10/2011 | Common Stock | 15,000 | $ 27.79 | D | Â |
Incentive Stock Option (Right to Buy) Date Granted 9/12/2002 | Â (8) | 09/11/2012 | Common Stock | 24,000 | $ 30.57 | D | Â |
Incentive Stock Option (Right to Buy) Date Granted 9/11/2003 | Â (9) | 09/10/2013 | Common Stock | 18,000 | $ 31.75 | D | Â |
Incentive Stock Option (Right to Buy) Date Granted 9/2/2004 | Â (10) | 09/01/2011 | Common Stock | 10,000 | $ 32.19 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Drummond Kirk G 1390 ENCLAVE PARKWAY HOUSTON, TX 77077 |
 |  |  Sr. Vice Pres and CIO |  |
Kirk G. Drummond | 01/03/2005 | |
**Signature of Reporting Person | Date |
* | 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) | Grants are made annually with exercises not permitted prior to the first anniversary of the grant. If certain performance criteria are met, one-third (1/3) of the shares covered by the grant vest on the first, second and third anniversaries of the grant. |
(2) | Under a domestic relations order, reporting person is deemed to hold these options for the benefit of his ex-wife and may exercise the options solely upon the direction of his ex-wife, who is entitled to the shares issued upon exercise. |
(3) | Reporting person disclaims beneficial ownership of the options and the underlying shares. |
(4) | Grants are made annually with exercises not permitted prior to the first anniversary of the grant. If certain performance criteria are met, one-third (1/3) of the shares covered by the grant vest on the first, second and third anniversaries of the grant. If the grants have not vested by the fifth anniversary of the grant, the grant will vest six months prior to expiration. |
(5) | Exercises not permitted prior to the first anniversary of the grant. If certain performance criteria are met in any fiscal year during the first 5 years after the grant, one-third (1/3) of the shares covered by the grant vest at the end of the first year in which the performance criteria are met. |
(6) | One-fifth (1/5) of the shares covered by the grant vest and are exercisable on 06/29/02, 06/28/03, 07/03/04, 07/2/05 and 07/1/06, respectively. |
(7) | One-fifth (1/5) of the shares covered by the grant vest and are exercisable on 07/2/05, 07/1/06, 06/30/07, 06/28/08, and 06/27/09 , respectively. |
(8) | One-fifth (1/5) of the shares covered by the grant vest and are exercisable on 6/28/2003, 7/3/2004, 7/2/2005, 7/1/2006 and 6/30/2 007, respectively |
(9) | One-fifth (1/5) of the shares covered by the grant vest and are exercisable on 7/3/04, 7/2/05, 7/1/06, 6/30/07 and 6/28/08, respe ctively. |
(10) | One-fifth of the shares covered by the grant vest and are exercisable on 9/2/2005, 9/2/2006, 9/2/2007, 9/2/2008 and 9/2/2009, re spectively. No option may be exercised prior to 9/2/2005. Options will expire on 9/1/2011. |