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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 | ||||||||
Employee Stock Option (right to buy) | $ 51.76 | 02/09/2012 | A | 13,700 | 02/09/2013(4) | 02/09/2022 | Common Stock | 13,700 | $ 0 | 13,700 | D | ||||
Performance-Based Restricted Stock Units | (5) | 02/09/2012 | A | 5,500 | 12/31/2014(5) | 12/31/2014 | Common Stock | 5,500 | $ 0 | 5,500 | D | ||||
Performance Rights | (1) | 02/08/2012 | M | 2,900 | (1) | 02/08/2015 | Common Stock | 2,900 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
BURKHART WILLIAM R 1835 DUEBER AVE. S. W. CANTON, OH 44706 |
Sr. VP and General Counsel |
William R. Burkhart | 02/10/2012 | |
**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) | Reflects the accrual of contingent rights to receive shares of common stock under certain specified circumstances and which vest over a four year period. |
(2) | Shares withheld for taxes on vested portion of 2900 performance shares granted 2-8-2011 that vest in 25% increments over a four year period. |
(3) | Shares withheld for taxes on vested portion of 5000 performance shares granted 2-8-2010 previously reported on a Form 4 that vest in 25% increments over a four year period. |
(4) | The option becomes exercisable in (a) annual 25 percent increments begining on 2/9/2013 or (b) in the event of retirement, death or disability of the participant or (c) upon the occurrence of a change in control of the Company or similar event. |
(5) | Performance based restricted stock are subject to certain performance criteria between 1/1/2012 and 12/31/2014 and if the criteria is met then they fully vest 3 years therefrom. |