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 | ||||
Restricted Stock Units (1) | 02/15/2016 | 02/15/2016 | Common stock | 600 | $ 0 | D | Â |
Restricted Stock Options (option to buy) | 02/15/2016 | 02/15/2023 | Common stock | 2,300 | $ 38.74 | D | Â |
Restricted Stock Units (2) | 03/20/2017 | 03/20/2017 | Common stock | 400 | $ 0 | D | Â |
Restricted Stock Options (option to buy) | Â (3) | 03/20/2024 | Common stock | 2,100 | $ 66.23 | D | Â |
Restricted Stock Units (4) | 02/19/2018 | 02/19/2018 | Common stock | 500 | $ 0 | D | Â |
Restricted Stock Options (option to buy) | Â (5) | 02/19/2025 | Common stock | 2,400 | $ 56.27 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
WENZL SHARON 39550 ORCHARD HILL PLACE NOVI, MI 48375 |
 |  |  See Remarks |  |
Sharon Wenzl | 02/01/2016 | |
**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) | Represents 600 time-restricted stock units (RSU) granted to the reporting person February 15, 2013. Each RSU represents a contingent right to receive, at the Company's option, either one share of common stock or the cash equivalent upon satisfaction of the vesting considerations. These RSU's will vest, assuming continued employment, on February 15, 2016. |
(2) | Represents 400 time-restricted stock units (RSU) granted to the reporting person on March 20, 2014. Each RSU represents a contingent right to receive, at the Company's option, either one share of common stock or the cash equivalent upon satisfaction of the vesting considerations. These RSU's will vest, assuming continued employment, on March 20, 2017. |
(3) | Represents 2,100 time-restricted options to buy common stock granted to the reporting person on March 20, 2014. Of those, 700 options vested on March 20, 2015; an additional 700 options will vest, assuming continued employment on March 20, 2016, and the remaining 700 options will vest, assuming continued employment, on March 20, 2017. |
(4) | Represents 500 time-restricted stock units (RSU) granted to the reporting person on February 19, 2015. Each RSU represents a contingent right to receive, at the Company's option, either one share of common stock or the cash equivalent upon satisfaction of the vesting considerations. These RSU's will vest, assuming continued employment, on February 15, 2018. |
(5) | Represents 2,400 time-restricted stock options to buy common stock granted to the reporting person on February 19, 2015. These options will vest, assuming continued employment, in three equal installments on February 19, 2016, February 19, 2017, and February 19, 2018. |
 Remarks: Senior Vice President, Communications and Community Affairs |