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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 | ||||||||
2006 Stock Option Grant (right to buy) | $ 46.37 | 04/04/2008(7) | 04/04/2016 | Class A Common | 17,500 | 17,500 | D (7) | ||||||||
2007 Stock Option Grant (right to buy) | $ 65.35 | 03/29/2009(8) | 03/29/2017 | Class A Common | 17,500 | 17,500 | D (8) | ||||||||
2008 Stock Option Grant (right to buy) | $ 36.38 | 06/18/2010(9) | 06/18/2018 | Class A Common | 8,860 | 8,860 | D (9) | ||||||||
2009 Stock Option Grant (right to buy) | $ 7.8 | 04/21/2011(10) | 04/21/2019 | Class A Common | 4,430 | 4,430 | D (10) | ||||||||
2010 Stock Option Grant (right to buy) | $ 15.89 | 04/14/2012(11) | 04/14/2020 | Class A Common | 7,387 | 7,387 | D (11) | ||||||||
2011 Stock Option Grant (right to buy) | $ 17.72 | 04/13/2013(12) | 04/13/2021 | Class A Common | 9,105 | 9,105 | D (12) | ||||||||
2012 Performance Shares | $ 0 | 12/31/2015 | 08/08/1988(13) | Class A Common | 7,919 | 7,919 | D (13) | ||||||||
2013 Performance Shares | $ 0 | 12/31/2016 | 08/08/1988(14) | Class A Common | 6,282 | 6,282 | D (14) | ||||||||
2014 Performance Shares | $ 0 | 12/31/2017 | 08/08/1988(15) | Class A Common | 6,232 | 6,232 | D (15) | ||||||||
2015 Performance Shares | $ 0 | 12/31/2017 | 08/08/1988(16) | Class A Common | 4,741 | 4,741 | D (16) |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Passen Andrew J 50 PUBLIC SQUARE, SUITE 1100 CLEVELAND, OH 44113 |
Exec VP - Human Resources |
Geralyn M. Presti, Attorney-In-Fact for Andrew J. Passen | 04/14/2015 | |
**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) | 2011 Restricted Stock Grant - 25% vest on 4/13/2013; 25% vest on 4/13/2014; and 50% vest on 4/13/2015. |
(2) | 2012 Restricted Stock Grant - 25% vest on 4/11/2014; 25% vest on 4/11/2015; and 50% vest on 4/11/2016. |
(3) | 2013 Restricted Stock Grant - 25% vest on 4/08/2015; 25% vest on 4/08/2016; and 50% vest on 4/08/2017. |
(4) | 2014 Restricted Stock Grant - 0% vest on 3/28/2015; 25% vest on 3/28/2016; 25% vest on 3/28/2017; and 50% vest on 3/28/2018. |
(5) | 2015 Restricted Stock Grant - 25% vest on 3/26/2016; 25% vest on 3/26/2017; and 50% vest on 3/26/2018. |
(6) | Shares are held in street account with Securities America. Of the 1,980 shares that vested on 4/11/2015; 651 shares were returned to the Company to cover taxes and the remaining 1,329 shares were transferred to this account. Of the 2,878 shares that vested on 4/13/2015; 946 shares were returned to the Company to cover taxes and the remaining 1,932 shares were transferred to this account. |
(7) | 2006 Stock Option Grant - 25% exercisable 4/04/2008; 25% exercisable 4/04/2009; and 50% exersicable 4/04/2010. |
(8) | 2007 Stock Option Grant - 25% exercisable 3/29/2009; 25% exercisable 3/29/2010; and 50% exercisable 3/29/2011. |
(9) | 2008 Stock Option Grant - 25% exercisable 6/18/2010; 25% exercisable 6/18/2011; and 50% exercisable 6/18/2012. |
(10) | 2009 Stock Option Grant - 25% exercisable 4/21/2011; 25% exercisable 4/21/2012; and 50% exercisable 4/21/2013. |
(11) | 2010 Stock Option Grant - 25% exercisable 4/14/2012; 25% exercisable 4/14/2013; and 50% exercisable 4/14/2014. |
(12) | 2011 Stock Option Grant - 25% exercisable 4/13/2013; 25% exercisable 4/13/2014; and 50% exercisable 4/13/2015. |
(13) | Performance Shares Award - granted 4/11/2012 - performance period is from February 1, 2012 to December 31, 2015. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $14.74 per share. There is no fixed expiration date. |
(14) | Performance Shares Award - granted 4/08/2013 - performance period is from February 1, 2013 to December 31, 2016. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $17.60 per share. There is no fixed expiration date. |
(15) | Performance Shares Award - granted 3/28/2014 - performance period is from January 1, 2014 to December 31, 2017. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $18.73 per share. There is no fixed expiration date. |
(16) | Performance Shares Award - granted 3/26/2015 - performance period is from January 1, 2015 to December 31, 2017. Awards will be available to the grantee at the end of the performance period provided that certain performance criteria are met. The actual number of shares earned could range from 0 to 200% of the number of Performance Shares granted. Fair market value on date of grant is $24.62 per share. There is no fixed expiration date. |