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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 | ||||||||
Non-Qualified Stock Option (right to buy) | $ 22.65 | 10/18/2013 | M | 18,491 | (4) | 03/09/2015 | Common Stock | 18,491 | $ 0 | 631,509 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 22.65 | 10/21/2013 | M | 18,835 | (4) | 03/09/2015 | Common Stock | 18,835 | $ 0 | 612,674 | D | ||||
Non-Qualified Stock Option (right to buy) | $ 22.65 | 10/22/2013 | M | 12,674 | (4) | 03/09/2015 | Common Stock | 12,674 | $ 0 | 600,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HEASLEY PHILIP G 3520 KRAFT ROAD SUITE 300 NAPLES, FL 34105 |
X | CEO and President | CEO and President |
By: /s/ Theodroe Rodriguez, Atty in Fact For: Philip G. Heasley | 10/22/2013 | |
**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) | The sale price ranged from $56.00 to $56.03, with a weighted average sale price of $56.006003. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(2) | The sale price ranged from $56.00 to $56.03, with a weighted average sale price of $56.009648. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(3) | The sale price ranged from $56.00 to $56.22, with a weighted average sale price of $56.038267. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected. |
(4) | The options were granted pursuant to the Company's 2005 Equity and Performance Incentive Plan, as amended. The options vested in equal annual installments over a four year period beginning with the first anniversary of the date of grant. All options that were exercised were vested prior to exercise. |
Remarks: The shares identified herein were sold under Mr. Heasley's Rule 10b5-1 plan that was disclosed in the Company's Form 8-K dated June 13, 2013. Such shares were sold pursuant to the cashless exercise of options granted to Mr. Heasley on March 9, 2005 which would otherwise expire in accordance with their terms on March 9, 2015. As of the date of this report, Mr. Heasley's beneficial ownership of the securities reported herein is 701,503 shares, consisting of 308,630 shares directly owned and 392,873 shares subject to currently exercisable options with a weighted average exercise price of $23.841726. Mr. Heasley has the right to acquire an additional 400,000 shares pursuant to options with an exercise price of $22.65, the vesting of which are subject to the attainment by the issuer prior to March 9, 2015 of a market price of at least $50 per share for 60 consecutive trading days. |