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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) | $ 27.75 | 02/11/2016 | A | 183,800 | 02/11/2017(5) | 02/11/2026 | Common Stock | 183,800 | $ 0 | 183,800 | D | ||||
Restricted Share Unit | $ 0 | 02/11/2016 | A | 71,675 | (6) | 12/31/2018 | Common Stock | 71,675 | $ 0 | 71,675 | D | ||||
Restricted Share Unit | $ 0 | 02/11/2016 | A | 28,675 | (7) | 02/11/2020 | Common Stock | 28,675 | $ 0 | 28,675 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Kyle Richard G 4500 MT. PLEASANT ST. NW NORTH CANTON, OH 44720 |
X | President and CEO |
/s/ Richard G. Kyle | 02/16/2016 | |
**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 shares awarded pursuant to the second half of the 2013-2015 performance cycle for the strategic performance shares granted on February 7, 2013. |
(2) | Shares withheld for taxes on 10,667 shares granted from vesting of February 7, 2013 performance share unit grant. |
(3) | Represents vesting of 25% of the restricted share units granted on February 12, 2015. |
(4) | Shares withheld for taxes on 5,118 shares granted from vesting of February 12, 2015 restricted share unit grant. |
(5) | These options will become exercisable in annual 25 percent increments beginning on February 11, 2017. |
(6) | Performance based restricted stock units subject to certain performance criteria between January 1, 2016 and December 31, 2018. |
(7) | Grant of 28,675 restricted stock units that vest 25% per year. |