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 | ||||
Common Stock | Â (2) | Â (2) | Common Stock | 12,127 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kimmel Donna Nappen 851 WEST CYPRESS CREEK ROAD FORT LAUDERDALE, FL 33309 |
 |  |  SVP & Chief People Officer |  |
/s/ Antonio G. Gomes, Attorney-in-Fact for Donna Nappen Kimmel | 09/28/2017 | |
**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) | Of the amount beneficially owned, 14,288 shares of common stock are held by the reporting person. Of the remaining 45,614 shares of common stock, 31,168 shares of common stock are issuable pursuant to awards of restricted stock units that vest in three annual installments, with 33.4% vesting on the first anniversary of the grant date and 33.3% vesting each of the second and third anniversaries of the grant date. Of these 31,168 shares, 8,084 shares were granted on January 4, 2016, 8,084 shares were granted on March 30, 2016 and 15,000 shares were granted on March 30, 2017. The remaining 14,446 shares of common stock are issued pursuant to an award of restricted stock units, granted on August 1, 2017, that vest in two installments, with 50% vesting on March 30, 2018 and 50% vesting on December 31, 2018. |
(2) | Each performance-based restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The performance-based units vest based on the Issuer's total shareholder return, determined at the three-year period ending on March 29, 2019 or upon a change in control of the Issuer. |