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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 | ||||||||
Employee Stock Options (right to buy) | $ 24.39 | (5) | 11/22/2016 | Common Stock | 7,000 | 7,000 | D | ||||||||
Employee Stock Options (right to buy) | $ 26.46 | (5) | 12/05/2017 | Common Stock | 13,600 | 13,600 | D | ||||||||
Employee Stock Options (right to buy) | $ 14.37 | (5) | 12/04/2018 | Common Stock | 22,800 | 22,800 | D | ||||||||
Employee Stock Options (right to buy) | $ 27.26 | (5) | 12/03/2019 | Common Stock | 12,200 | 12,200 | D | ||||||||
Employee Stock Options (right to buy) | $ 43.32 | (5) | 12/07/2020 | Common Stock | 9,000 | 9,000 | D | ||||||||
Employee Stock Options (right to buy) | $ 43.73 | (6) | 11/28/2021 | Common Stock | 10,000 | 10,000 | D | ||||||||
Employee Stock Options (right to buy) | $ 61.59 | (7) | 11/28/2022 | Common Stock | 7,600 | 7,600 | D | ||||||||
Employee Stock Options (right to buy) | $ 71.75 | (8) | 11/25/2023 | Common Stock | 7,600 | 7,600 | D | ||||||||
Employee Stock Options (right to buy) | $ 79.66 | (9) | 11/24/2024 | Common Stock | 8,300 | 8,300 | D | ||||||||
Employee Stock Options (right to buy) | $ 70.91 | 11/23/2015 | A | 13,400 | (10) | 11/23/2025 | Common Stock | 13,400 | $ 0 | 13,400 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MERK GREGORY P 28601 CLEMENS ROAD WESTLAKE, OH 44145 |
Senior Vice President |
Robert E. Veillette, Attorney-In-Fact | 11/25/2015 | |
**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) | Share equivalent units acquired through dividend payments. Share equivalent units are settled in common shares at reporting person's termination of employment or retirement subject to delayed distribution rules of Internal Revenue Code Section 409(A). The holdings are net of shares previously withheld, or sold under a Rule 10b5-1 trading plan, to cover withholding taxes, and include 1,559 shares underlying performance share units and share equivalent units that were previously reported in Table II. |
(2) | On November 23, 2015, the Company awarded 1,700 restricted shares under the Company's 2012 Stock Incentive and Award Plan. One-third of the restricted shares will vest on each of November 23, 2016, 2017, and 2018. |
(3) | On November 24, 2014, the Company awarded 1,400 restricted shares under the Company's 2012 Stock Incentive and Award Plan. One-third of the restricted shares vested November 24, 2015, and one-third will vest November 24, on each of 2016 and 2017. 196 of the 466 shares that vested November 24, 2015 were withheld to cover withholding taxes due upon vesting. The holdings include 1,292 shares acquired through participation in the Company's Dividend Reinvestment Plan, and are net of shares previously withheld, or sold under a Rule 10b5-1 trading plan, to cover withholding taxes. |
(4) | Represents the number of shares attributable to the reporting person's participation in the Company's Savings Plan, exempt pursuant to Rule 16b-3(c). The reporting person disclaims beneficial ownership of these securities |
(5) | All such options have fully vested. |
(6) | On November 28, 2011, the Company awarded 10,000 stock options under the Company's Long-Term Performance Plan. The options vest in 4 equal installments beginning on each of November 28, 2012. The vested portions of such options will become exercisable upon vesting. |
(7) | On November 28, 2012, the Company awarded 7,600 stock options under the Company's Long-Term Performance Plan. The options vest in 4 equal annual installments beginning on November 28, 2013. The vested portions of such options will become exercisable upon vesting. |
(8) | On November 25, 2013, the Company awarded 7,600 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 25, 2014. The vested portions of such options will become exercisable upon vesting. |
(9) | On November 24, 2014, the Company awarded 8,300 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 24, 2015. The vested portions of such options will become exercisable upon vesting. |
(10) | On November 23, 2015, the Company awarded 13,400 stock options under the Company's 2012 Stock Incentive and Award Plan. The options vest in 4 equal annual installments beginning on November 23, 2016. The vested portions of such options will become exercisable upon vesting. |