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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 (7) | $ 20.87 | 12/11/2013 | M | 2,895 | (8) | 05/30/2016 | Common Stock | 2,895 | $ 0 | 42,105 | D | ||||
Stock Option Right to Buy (7) | $ 21.13 | 12/11/2013 | M | 16,758 | (9) | 03/03/2020 | Common Stock | 16,758 | $ 0 | 4,872 | D | ||||
Stock Option Right to Buy (7) | $ 22.66 | 12/11/2013 | M | 2,263 | (10) | 03/02/2021 | Common Stock | 2,263 | $ 0 | 15,231 | D | ||||
Stock Option Right to Buy (7) | $ 23.44 | 12/11/2013 | M | 2,305 | (11) | 02/22/2022 | Common Stock | 2,305 | $ 0 | 17,451 | D | ||||
Stock Option Right to Buy (7) | $ 20.87 | 12/12/2013 | M | 42,105 | (8) | 05/30/2016 | Common Stock | 42,105 | $ 0 | 0 | D | ||||
Stock Option Right to Buy (7) | $ 21.13 | 12/12/2013 | M | 4,872 | (9) | 03/03/2020 | Common Stock | 4,872 | $ 0 | 0 | D | ||||
Stock Option Right to Buy (7) | $ 22.66 | 12/12/2013 | M | 9,400 | (10) | 03/02/2021 | Common Stock | 9,400 | $ 0 | 5,831 | D | ||||
Stock Option Right to Buy (7) | $ 23.44 | 12/12/2013 | M | 4,281 | (11) | 02/22/2022 | Common Stock | 4,281 | $ 0 | 13,170 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
RIZZO DANIEL C JR 1500 CORPORATE DRIVE CANONSBURG, PA 15317 |
SVP, Corp Controller & CAO |
/s/ Daniel C. Rizzo, Jr. | 12/13/2013 | |
**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 the weighted average price of the reporting person's disposition of 2,895 shares in transactions ranging from $42.00 to $42.61. |
(2) | The reporting person undertakes to provide to the issuer, any security holder of the issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in footnotes 1, 3, 4, and 5 to this Form 4. |
(3) | Represents the weighted average price of the reporting person's disposition of 2,562 shares in transactions ranging from $42.00 to $42.61. |
(4) | Represents the weighted average price of the reporting person's disposition of 2,263 shares in transactions ranging from $42.00 to $42.48. |
(5) | Represents the weighted average price of the reporting person's disposition of 2,305 shares in transactions ranging from $42.00 to $42.45. |
(6) | The officer has entered into an attestation stock swap whereby the option exercise costs have been covered by long shares owned which resulted in a net amount of 6,954 shares. |
(7) | This option exercise and the related sale of the underlying common stock were executed pursuant to an amended 10b5-1 trading plan dated December 10, 2013. |
(8) | The options vested in three equal installments on May 30, 2007, 2008, and 2009. |
(9) | The options vested in three equal installments on March 3, 2011, 2012, and 2013. |
(10) | Two-thirds of these options vested in equal installments on March 2, 2012 and 2013. The remainder of these options will vest on March 2, 2014. |
(11) | One-third of these options vested on February 22, 2013. The remainder of these options will vest in equal installments on February 22, 2014, and 2015. |