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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 Unit (1) | $ 0 | 03/28/2011 | M | 3,627 | (1) | (1) | Common Stock | 3,627 | $ 0 | 0 | D | ||||
Restricted Stock Unit (2) | $ 0 | 03/28/2011 | A | 11,500 | (2) | (2) | Common Stock | 11,500 | $ 0 | 11,500 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SMITH GARY ALLEN 451 INDUSTRIAL LANE BIRMINGHAM, AL 35211 |
CFO & VP |
/s/ Gary Smith | 03/30/2011 | |
**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) | Performance-based RSU award under Amended 2005 Equity Incentive Plan. Three year cliff vesting from date of grant upon achievement of performance criteria. Grant date 3/18/2008; vest date 3/18/2011; performance certified achieved by the Compensation Committee on 3/28/2011. No expiration date as service and performance criteria have been achieved. Price of the securities is equivalent to the closing price on the vest date. |
(2) | Performance-based RSU award under Amended 2005 Equity Incentive Plan. Five year cliff vesting from date of grant of 3/17/2010. Performance certified achieved by Compensation Committee on 3/28/2011. Reporting person will meet retirement eligibility prior to vest date so units will convert to common stock upon the earlier of the vest date or upon early retirement. |