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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 | ||||||||
Stock Option (Right to Buy) | $ 9.81 | 07/27/2017 | M | 48,604 | (2) | 01/04/2023 | Common Stock | 48,604 | $ 0 | 143,602 | D | ||||
Stock Option (Right to Buy) | $ 12.97 | 07/27/2017 | M | 27,469 | (3) | 01/14/2022 | Common Stock | 27,469 | $ 0 | 27,446 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
EMANS ERIC MICHAEL 6333 N STATE HIGHWAY 161, STE 600 IRVING, TX 75038 |
Chief Financial Officer |
/s/ Eric Emans | 07/28/2017 | |
**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) | Represents a "net exercise" of outstanding stock options. The reporting person received 23,797 shares of common stock in connection with the net exercise of options to purchase 76,073 shares of common stock. The reporting person forfeited 52,276 shares of common stock underlying the option in payment of the exercise price and applicable tax withholding, using the closing stock price on July 27, 2017 of $23.75. |
(2) | The option vests according to the following schedule: 33.33% vested on January 2, 2017, and approximately 16.67% vests at the end of each six-month period thereafter, such that the option will be fully vested on January 2, 2019. |
(3) | The option vests according to the following schedule: 33.33% vested on January 2, 2016, and approximately 16.67% vests at the end of each six-month period thereafter, such that the option will be fully vested on January 2, 2018. |