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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 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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Carley Stephen E. 6312 S. FIDDLER'S GREEN CIRCLE SUITE 200N GREENWOOD VILLAGE, CO 80111 |
X | Chief Executive Officer |
/s/ Douglas L. Christman, Attorney-in-Fact | 09/16/2013 | |
**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) | In connection with the vesting of 5,000 time-based restricted stock units which were granted on September 13, 2010 under the issuer's Amended and Restated 2007 Performance Incentive Plan, the reporting person sold 1,989 of such shares to the issuer to satisfy his tax withholding obligations. The sale was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder. The net 3,011 shares were transferred to The Carley Family Trust and are now held indirectly; such shares are reflected in column 5 of the line below. |
(2) | Represents the acquisition of an additional 24,504 performance-based restricted stock units that vested on September 13, 2013, based upon the issuer's performance relative to certain total shareholder return objectives. The number of units that vested was 220.3125% of the target number of 20,367 units. The terms of the original grant are set forth in the Form 4 filed for the reporting person on September 14, 2010. |
(3) | The shares are held indirectly by the reporting person as co-trustee of The Carley Family Trust. |
(4) | In connection with the vesting of 44,871 performance-based restricted stock units which were granted on September 13, 2010 under the issuer's Amended and Restated 2007 Performance Incentive Plan, the reporting person sold 18,836 of such shares to the issuer to satisfy his tax withholding obligations. The sale was approved by the issuer's Compensation Committee in accordance with Rule 16b-3(d)(1) of the Exchange Act (the "Act"), and as such, the sale is exempt from Section 16(b) of the Act pursuant to Rule 16b-3(e) promulgated thereunder. The net 26,035 shares were transferred to The Carley Family Trust and are now held indirectly; such shares are reflected in column 5 of the line above. |
(5) | Includes 18,388 restricted stock units subject to vesting and forfeiture restrictions. |