UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Common Stock (1) | Â (2) | 08/24/2018(3) | Common Stock | 9,147 | $ 0 (4) | D | Â |
Common Stock (5) | Â (6) | 12/31/2018 | Common Stock | 3,470 | $ 0 (4) | D | Â |
Common Stock (7) | Â (2) | 02/05/2019(3) | Common Stock | 3,470 | $ 0 (4) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Sanzone Virginia Ruth 951 CALLE AMANECER SAN CLEMENTE, CA 92673 |
 |  |  VP, General Counsel |  |
By: Paula Darbyshire For: Virginia R. Sanzone | 03/16/2016 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | These securities are Restricted Stock Units and were granted on 8/24/2015. |
(2) | One third of the Units subject to the award shall vest on each of the first, second, and third anniversaries of the grant date. |
(3) | These are restricted stock units that fully vest 3 years from the grant date. |
(4) | There is neither a purchase price nor an exercise price for the Restricted Stock Units. |
(5) | These securities are Performance Restricted Stock Units and were granted on 2/5/16. |
(6) | The vesting for this performance-based restricted stock unit ("PRSU") award is dependent upon the reporting person's earning PRSUs based on the achievement of performance criteria related to the Company's fiscal year 2018 Adjusted EBITDA per share CAGR in comparison to the fiscal year 2015 Adjusted EBITDA per weighted average basic share. The number of shares reported is the target award amount.The reporting person may potentially earn PRSUs ranging from 100% to 300% of the target award amount. The shares subject to the actual earned PRSU award will vest prior to March 15, 2019, the determination date, based on certification of the achievement of the performance criteria. |
(7) | These securities are Restricted Stock Units and were granted on 2/5/2016. |