|
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 |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Performance Share Units | (5) | 03/03/2014 | M | 35,807 | (5) | 12/31/2013 | Common Stock | 35,807 | (5) | 0 | D | ||||
Employee Stock Option (right to buy) | $ 7.09 | 03/03/2014 | M | 54,530 | (9) | 03/02/2019 | Common Stock | 54,530 | (10) | 0 | D | ||||
Employee Stock Option (right to buy) | $ 13.23 | 03/03/2014 | M | 14,500 | (11) | 03/01/2022 | Common Stock | 14,500 | (10) | 43,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Knotts Daniel L. C/O RR DONNELLEY 111 S. WACKER DRIVE CHICAGO, IL 60606 |
Chief Operating Officer |
Jennifer Reiners, pursuant to power of attorney | 03/04/2014 | |
**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) | Shares were withheld as payment of a tax liability incident to vesting of restricted stock units issued in accordance with Rule 16b-3. |
(2) | Company granted restricted stock units (RSUs) issued pursuant to Rule 16b-3 Plan. The RSUs vest in four equal annual installments beginning on March 2, 2015. |
(3) | The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person in December 2013. |
(4) | The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $18.45 to $18.87 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price. |
(5) | Each performance share unit ("PSU") represented a contingent right to receive one share of Common Stock. The PSUs were earned by acheiving a target level of performance measured against calculated cash flow targets during a three-year performance period beginning January 1, 2011 and ending December 31, 2013. Awards could range from 50% of the PSUs if the threshold is met up to a target of 100% of the PSUs if performance meets the specified levels. The amount reported above reflects vesting of 50.088% of PSUs and all other PSUs initially granted were forfeited. |
(6) | Shares were withheld as payment of a tax liability incident to vesting of performance share units issued in accordance with Rule 16b-3. |
(7) | The reported price represents a weighted average sale price. The range of prices at which common stock was sold was $18.46 to $18.88 per share. The Reporting Person undertakes to provide to the staff, the issuer or a security holder full information regarding the number of shares sold at each separate price. |
(8) | Includes 86,216 shares held directly, 1,202 shares held jointly with Mr. Knott's spouse, 25 shares held jointly with Mr. Knott's son, 135 shares held through dividend reinvestment plan and 202,500 restricted stock units. |
(9) | The option, representing a right to purchase a total of 218,120 shares, vests in four equal annual installments beginning on March 2, 2010. |
(10) | Company granted option issued pursuant to Rule 16b-3 Plan. |
(11) | The option, representing a right to purchase a total of 58,000 shares, vests in four equal annual installments beginning on March 2, 2013. |