UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Option (Right to Buy) | 07/21/2009(2) | 07/21/2015 | Common Stock | 9,000 | $ 46.525 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
LEONG RICHARD C/O NATCO GROUP INC. 11210 EQUITY DRIVE HOUSTON, TX 77041 |
 |  |  SVP-European Operations |  |
Katherine P. Ellis, Attorney-in-Fact for Richard Leong | 07/31/2008 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | Restrictions on this grant of restricted stock lapse as to all of the shares on July 21, 2011 or sooner, pursuant to the terms of the 2006 Long-Term Incentive Compensation Plan or upon the occurence of a corporate change, as defined in such plan; provided, in either case, that the recipient has been continuously employed by the company or a subsidiary on such date or the date of such corporate change. The shares are subject to forfeiture upon termination of employment prior to the time the restrictions lapse. |
(2) | The options vest in 1/3 increments on the first, second and third anniversaries of the date of grant, subject to continued employment by the company or a subsidiary on the applicable date. The first third will vest on July 21, 2009. |