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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) | $ 5.24 | (1) | 10/02/2010 | Common Stock | 8,685 | 8,685 | D | ||||||||
Employee Stock Option (right to buy) | $ 5.76 | (1) | 05/24/2011 | Common Stock | 7,598 | 7,598 | D | ||||||||
Employee Stock Option (right to buy) | $ 5.46 | (1) | 05/07/2011 | Common Stock | 13,402 | 13,402 | D | ||||||||
Employee Stock Option (right to buy) | $ 8.1 | (1) | 05/13/2012 | Common Stock | 12,600 | 12,600 | D | ||||||||
Incentive Plan (right to buy) | $ 11.37 | (2) | 11/19/2013 | Common Stock | 5,250 | 5,250 | D | ||||||||
Incentive Plan (right to buy) | $ 12.91 | (3) | 11/15/2014 | Common Stock | 6,000 | 6,000 | D | ||||||||
Incentive Plan (right to buy) | $ 13.21 | 12/02/2005 | 12/01/2015 | Common Stock | 800 | 800 | D | ||||||||
Incentive Plan (right to buy) | $ 13.21 | 12/02/2005 | 12/01/2015 | Common Stock | 4,200 | 4,200 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
REED RONALD R 4 GOLFSIDE DR. ST. CLAIR, MI 48079 |
X | Vice Chairman |
S/ Ronald R. Reed | 01/03/2006 | |
**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) | The option is exercisable on its grant date for 25% of the shares covered by the option and for an additional 25% of the shares on each anniversary of the grant date thereafter. |
(2) | The option is exercisable as follows: 630 option shares as of the grant date; 2,130 shares on November 30, 2004 and the remaining 2,310 shares on November 30, 2005. |
(3) | The option is exercisable on its grant date for 33% of the shares covered by the option and for the remaining 67% of the shares on the first anniversary date thereafter. |