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) |
Date Exercisable |
Expiration Date |
Title |
Amount or Number of Shares |
Performance Shares
|
Â
(2)
|
12/31/2008 |
Common Stock
|
10,745
(2)
|
$
(2)
|
D
|
Â
|
Stock Options (Right to buy)
|
Â
(3)
|
02/04/2013 |
Common Stock
|
200,000
|
$
30.94
|
D
|
Â
|
Stock Options (Right to buy)
|
Â
(4)
|
01/25/2015 |
Common Stock
|
88,909
|
$
36.97
|
D
|
Â
|
Stock Options (Right to buy)
|
Â
(4)
|
01/25/2015 |
Common Stock
|
40,589
|
$
36.97
|
D
|
Â
|
Stock Options (Right to buy)
|
Â
(5)
|
02/02/2014 |
Common Stock
|
100,000
|
$
42.88
|
D
|
Â
|
Stock Options (Right to buy)
|
Â
(6)
|
02/02/2014 |
Common Stock
|
50,000
|
$
43.35
|
D
|
Â
|
Stock Options (Right to buy)
|
02/06/2009 |
02/06/2016 |
Common Stock
|
76,012
|
$
44.79
|
D
|
Â
|
Series B Convertible Preferred Stock
|
Â
(7)
|
Â
(7)
|
Common Stock
|
87.64
|
$
(7)
|
I
|
401(k) Savings Plan Trust
|
* |
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). |
(2) |
Each performance share represents the right to receive one share of common stock if the target level of performance is achieved. The performance objective for determining the number of shares earned is the Issuer's adjusted return on equity over a three year period. The actual number of shares received could range from 0-160% of the target number of shares based on a sliding scale of performance levels. For example, 50% of the shares are earned if the minimum objective is achieved, 100% of the shares are earned if the target objective is achieved and 160% of the shares are earned if the maximum objective is achieved. Payouts of performance shares will be interpolated if actual performance exceeds the minimum level, but falls between the specified intermediary levels. |
(3) |
These options are currently exercisable. |
(7) |
The shares are held in the Issuer's tax-qualified 401(k) Savings Plan Trust and can only be converted by the Plan's trustee. Distributions from the Plan are allowed only upon vested termination, retirement, death or disability. At the election of the Reporting Person, allowed distributions may be received in the form of common stock, converted on a one share of preferred stock to eight shares of common stock basis, or cash, with distributions based on the preferred stock's current value. |
(6) |
50% of these options are currently exercisable, 25% become exercisable on February 12, 2007 and the remaining 25% on February 12, 2008. |
(5) |
50% of these options are currently exercisable, 25% become exercisable on February 2, 2007 and the remaining 25% become exercisable on February 2, 2008. |
(4) |
With respect to 40,589 of those options, 50% become exercisable on 1/25/07, 25% become exercisable on 1/25/08, and the remaining 25% become exercisable on 1/25/09. With respect to 88,909 of these options, 50% become exercisable on 1/25/09, and the remaining 50% become exercisable on 1/25/10. |
(1) |
This amount includes 101,751 shares of restricted stock that are currently restricted. |