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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 | ||||||||
Restricted Stock Units | (1) | 01/02/2018 | M | 4,383 | (2) | (2) | Class A Non-Voting Common Stock | 4,383 | $ 0 | 0 | D | ||||
Restricted Stock Units | (1) | 01/02/2018 | A | 4,199 | (3) | (3) | Class A Non-Voting Common Stock | 4,199 | $ 0 | 4,199 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Cotter James J JR C/O SHEPPARD, MULLIN, RICHTER, ET. AL. 12275 EL CAMINO REAL, #200 SAN DIEGO, CA 92130 |
X | X | See Remarks |
/s/ James J. Cotter, Jr. | 01/04/2018 | |
**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) | Each restricted stock unit represents the contingent right to receive one share of the issuer's Class A Non-Voting Common Stock upon vesting of unit. The restricted stock units were granted pursuant to the Company's 2010 Stock Incentive Plan. |
(2) | The restricted stock units vest on January 2, 2018 (the first business day of 2018). |
(3) | The restricted stock units vest on January 2, 2019 (the first business day of 2019). |
Remarks: On June 18, 2015, the issuer disclosed in a Current Report on Form 8-K that, on June 12, 2015, the board of directors of the issuer terminated the employment of the reporting person as the issuer's President and Chief Executive Officer, effective immediately. The reporting person disputes the legal efficacy of such termination and reserves all rights with respect thereto. |