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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Restricted Stock Units
|
Â
(1)
|
Â
(1)
|
Common Stock ($.10 par value)
|
1,000
|
$
0
|
D
|
Â
|
Restricted Stock Units
|
Â
(2)
|
Â
(2)
|
Common Stock ($.10 par value)
|
950
|
$
0
|
D
|
Â
|
Restricted Stock Units
|
Â
(3)
|
Â
(3)
|
Common Stock ($.10 par value)
|
3,000
|
$
0
|
D
|
Â
|
Restricted Stock Units
|
Â
(4)
|
Â
(4)
|
Common Stock ($.10 par value)
|
2,750
|
$
0
|
D
|
Â
|
* |
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) |
Subject to service-based vesting conditions, 50% of the restricted stock units are automatically converted into shares of Issuer common stock on a 1-to-1 basis on each of the 3rd and 4th anniversaries of the grant date, May 31, 2016. |
(2) |
Subject to service-based vesting conditions, 50% of the restricted stock units are automatically converted into shares of Issuer common stock on a 1-to-1 basis on each of the 3rd and 4th anniversaries of the grant date, June 12, 2017. |
(3) |
Subject to service-based vesting conditions, 50% of the restricted stock units are automatically converted into shares of Issuer common stock on a 1-to-1 basis on each of the 3rd and 4th anniversaries of the grant date, November 10, 2017. |
(4) |
Subject to service-based vesting conditions, 25% of the restricted stock units are automatically converted into shares of Issuer common stock on a 1-to-1 basis on each of the 1st, 2nd, 3rd and 4th anniversaries of the grant date, May 29, 2018. |