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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 | ||||||||
Employee Stock Option (Right to Buy) | $ 16.1 | 04/21/2010 | M | 4,760 | (8) | 11/28/2010 | Common Stock | 549,156 | $ 0 | 544,396 | D | ||||
Stock Appreciation Right | $ 26.17 | (9) | 02/13/2015 | Common Stock | 55,380 | 55,380 | D | ||||||||
Stock Appreciation Right | $ 12.4 | (10) | 11/08/2015 | Common Stock | 19,000 | 19,000 | D | ||||||||
Stock Appreciation Right | $ 22.34 | (11) | 11/11/2016 | Common Stock | 65,299 | 65,299 | D | ||||||||
Stock Appreciation Right | $ 21.44 | (12) | 02/10/2020 | Common Stock | 100,000 | 100,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Chardon Marc 2000 DANIEL ISLAND DRIVE CHARLESTON, SC 29492 |
X | President and CEO |
/s/ Marc Chardon | 04/23/2010 | |
**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) | These shares of common stock were purchased as a reinvestment of cash dividends. The purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934 with Mr. Chardon's sale of 1,000 shares of common stock at $26.22 per share on November 30, 2006. Upon discovery of this inadvertent short-swing profit, Mr. Chardon has paid the Company $100.88, representing the full amount of the profit realized in connection with the short-swing transaction plus interest. |
(2) | These shares of common stock were purchased as a reinvestment of cash dividends. The purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934 with Mr. Chardon's sale of 100,000 shares of common stock at $27.9785 per share on November 13, 2007. Upon discovery of this inadvertent short-swing profit, Mr. Chardon has paid the Company $328.14, representing the full amount of the profit realized in connection with the short-swing transaction plus interest. |
(3) | These shares of common stock were purchased as a reinvestment of cash dividends. The purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934 with Mr. Chardon's sale of 100,000 shares of common stock at $27.9785 per share on November 13, 2007. Upon discovery of this inadvertent short-swing profit, Mr. Chardon has paid the Company $85.62, representing the full amount of the profit realized in connection with the short-swing transaction plus interest. |
(4) | These shares of common stock were purchased as a reinvestment of cash dividends. The purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934 with Mr. Chardon's sale of 100,000 shares of common stock at $27.9785 per share on November 13, 2007. Upon discovery of this inadvertent short-swing profit, Mr. Chardon has paid the Company $8.15, representing the full amount of the profit realized in connection with the short-swing transaction plus interest. |
(5) | These shares of common stock were purchased as a reinvestment of cash dividends. The purchase was matchable under Section 16(b) of the Securities Exchange Act of 1934 with Mr. Chardon's sale of 100,000 shares of common stock at a price of $27.9785 per share on November 13, 2007. Upon discovery of this inadvertent short-swing profit, Mr. Chardon has paid the Company $108.85, representing the full amount of the profit realized in connection with the short-swing transaction. |
(6) | Represents shares forfeited to the Company in connection with the satisfaction of tax liabilities incurred upon the vesting of restricted stock. |
(7) | This sale was effected pursuant to a 10b5-1 trading plan adopted by the reporting person on February 24, 2010 and effective on March 1, 2010. |
(8) | The option vested 1/4 on November 28, 2006 and 1/12 every three months thereafter. |
(9) | Represents a stock appreciation right which vests in four equal annual installments beginning on February 12, 2009, subject to continued employment, and shall be settled in stock at time of exercise. |
(10) | Represents a stock appreciation right which vests in four equal annual installments beginning on November 7, 2009, subject to continued employment, and shall be settled in stock at time of exercise. |
(11) | Represents a stock appreciation right which vests in four equal annual installments beginning on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise. |
(12) | Represents a stock appreciation right which will vest 100% on November 10, 2010, subject to continued employment, and shall be settled in stock at time of exercise. |