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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 | ||||||||
2018 February Restricted Stock Units | (1) | 02/28/2019 | M | 21,035 | (1) | (1) | Common Stock (5) | 21,035 | $ 0 | 42,072 | D | ||||
2017 March Restricted Stock Units | (4) | 03/01/2019 | M | 22,819 | (4) | (4) | Common Stock (5) | 22,819 | $ 0 | 22,820 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PITTS KEITH B 1445 ROSS AVENUE SUITE 1400 DALLAS, TX 75202 |
Vice Chairman |
Anthony L. Shoemaker, as Attorney-in-Fact for Keith B. Pitts | 03/04/2019 | |
**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) | As previously reported, on February 28, 2018, the reporting person received a grant of 63,107 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on February 28, 2019, resulting in the vesting and settlement of 21,035 shares of common stock, as shown in Table I. The remaining 42,072 restricted stock units are shown in Table II, of which 21,036 are scheduled to vest on each of February 28, 2020 and February 28, 2021. |
(2) | Restricted stock units convert into common stock on a one-for-one basis. |
(3) | Shares withheld for payment of taxes upon vesting of restricted stock units in accordance with Rule 16b-3. |
(4) | As previously reported, on March 1, 2017, the reporting person received a grant of 68,458 time-based restricted stock units that vest in one-third increments on each of the first, second and third anniversaries of the date of grant. The first anniversary occurred on March 1, 2018, resulting in the vesting and settlement of 22,819 shares of common stock. The second anniversary occurred on March 1, 2019, resulting in the vesting and settlement of 22,819 shares of common stock, as shown in Table I. The remaining 22,820 restricted stock units are shown in Table II and are scheduled to vest on March 1, 2020. |
(5) | Time-based restricted stock units are settled in shares of the Company's common stock upon vesting. |