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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) | (2) | 02/25/2008 | A | 900 | (3) | (3) | Common | 900 | $ 0 | 900 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Wiertel Edward A 520 LAKE COOK ROAD DEERFIELD, IL 60015 |
VP & Corporate Controller |
Angela M. Pla, Attorney-in-Fact for Edward A. Wiertel | 02/27/2008 | |
**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) | Reflects the grant of restricted stock unit awards payable in shares of the Company's common stock under the issuer's 2007 Long-Term Incentive Plan. |
(2) | Each restricted stock unit represents a contingent right to receive one share of common stock. |
(3) | Full Payment of the award will be made in the form of shares in 2011 if Mr. Wiertel remains employed with the Company through December 31, 2010. However, a portion of the award (one-third) may be accelerated and paid in 2009 if certain performance goals are met in 2008. Likewise, a portion of the award (one-third) may be accelerated and paid in 2010 if certain performance goals are met in 2009. |
Remarks: On February 25, 2008, Mr. Wiertel was granted an award of 900 restricted stock units under the issuer's 2007 Long-Term Incentive Plan. Mr. Wiertel continues to directly own 700 shares of issuer's common stock. He also owns options to purchase 8,700 shares of issuer's common stock. |