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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 | ||||||||
Restricted Stock Units | $ 0.0005 | 06/05/2007 | M | 4,791 (2) | 06/05/2007(1) | 06/05/2007(1) | Common Stock | 4,791 | $ 0 | 0 | D | ||||
Common Stock Equivalents ( CSE ) | $ 0 | 06/05/2007 | A | 400 | (3) | (3) | Common Stock | 400 | $ 0 | 25,484 | D | ||||
Common Stock Equivalents ( CSE ) | $ 0 | 06/05/2007 | M | 25,484 (3) | (3) | (3) | Common Stock | 25,484 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WEBB MAYNARD G JR 56 TOP GALLANT RD P.O. BOX 10212 STAMFORD, CT 06904-2212 |
X |
/s/ Kevin Feeney for Maynard Webb | 06/06/2007 | |
**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) | One Hundred Percent (100%) of the Restricted Stock Units shall vest on the date of the 2007 annual meeting of stockholders, subject to Grantee's Continued Service through such date. |
(2) | Represents restricted stock units that released. |
(3) | These are Common Stock Equivalents (CSEs) received as compensation for service as an outside director of the company. They were granted under the Company's 2003 Long-Term Incentive Plan (2003 LTIP). The CSEs convert into Common Stock on the date the outside director's continuous status as a director terminates. Mr. Webb ceased serving as a director on June 5, 2007. |