|
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 |
|
| |||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units | $ 0 (2) | (2) | 01/22/2021 | Common Stock | 2,902 | 2,902 | D | ||||||||
Restricted Stock Units | $ 0 (3) | 04/01/2019 | A | 9,667 | (3) | (3) | Common Stock | 9,667 | $ 0 | 9,667 | D | ||||
Common Stock Option | $ 50.32 | 02/27/2015(4) | 02/27/2021 | Common Stock | 12,372 | 12,372 | D | ||||||||
Common Stock Option | $ 67.08 | 02/12/2016(4) | 02/12/2022 | Common Stock | 12,832 | 12,832 | D | ||||||||
Common Stock Option | $ 54.3 | 02/17/2017(4) | 02/17/2023 | Common Stock | 26,356 | 26,356 | D | ||||||||
Common Stock Option | $ 75.61 | 02/23/2018(4) | 02/23/2024 | Common Stock | 14,083 | 14,083 | D | ||||||||
Common Stock Option | $ 73.21 | 02/21/2019(4) | 02/21/2025 | Common Stock | 15,337 | 15,337 | D | ||||||||
Common Stock Option | $ 44.69 | 04/01/2019 | A | 38,462 | 04/01/2020(5) | 04/01/2029 | Common Stock | 38,462 | $ 0 | 38,462 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
McRoberts Malcolm 3680 VICTORIA STREET NORTH SHOREVIEW, MN 55126 |
Senior Vice President, SBS |
Jeffrey L. Cotter as Power of Attorney for Malcolm McRoberts | 04/03/2019 | |
**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) | Total ownership includes 3,145 shares of restricted stock. |
(2) | Restricted Stock Units were awarded on 1/22/19 under the Company's Long-Term Incentive Plan. The units will vest and be converted into common stock on the second anniversary of the date of grant if, subject to certain exceptions, the holder remains in the employ of the Company through such date. Award results from an advance election by executive to receive a portion of their 2018 annual incentive compensation in restricted stock units in lieu of cash. |
(3) | Restricted stock units awarded on 4/1/19 under the Company's Long-Term Incentive Plan, subject to the following vesting schedule: 4,028 units will vest in four equal amounts on each of the first four anniversaries of the date of grant, and 5,639 units will vest in three equal amounts on each of the first three anniversaries of the date of grant. Upon vesting, each unit is converted into a share of common stock. Subject to certain exceptions, vesting is contingent upon continued employment. |
(4) | Options vest in three equal installments on the three succeeding anniversary dates of the date of grant, provided the holder remains an employee of the Company. Date entered reflects date on which first installment vests(ed). |
(5) | Options vest in four equal installments on the four succeeding anniversary dates of the date of grant, provided the holder remains an employee of the Company. Date entered reflects date on which first installment vests(ed). |