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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HOFFEN HOWARD I 1177 AVENUE OF THE AMERICAS 40TH FLOOR NEW YORK, NY 10036 |
X |
Karen J. Yodis, by Power of Attorney | 08/17/2011 | |
**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) | These shares were granted as deferred stock units and vest upon grant. 4,454 of these deferred stock units are payable six months following a termination of the reporting person's service as a director of the Company with the balance payable six months following a termination of Mr. Chung's service as a director of the Company. The Company has the right to clawback the value of the deferred stock units within one year following a termination of service upon the occurrence of certain events. |
(2) | Morgan Stanley Dean Witter Capital Partners IV, L.P. and MSDW IV 892 Investors, L.P. sold 2,775,960 shares of common stock on February 14, 2011. The reporting person had no direct pecuniary interest in such shares and disclaimed beneficial ownership therein except to the extent ultimately realized. |
(3) | Information previously reported in Table I, Column 5 inadvertently included 12,500 options to purchase shares of the Company's common stock. |
(4) | The reporting person has no direct pecuniary interest in such shares and disclaims beneficial ownership therein except to the extent ultimately realized. |