UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Options - Right to Buy | 03/31/2011(1) | 03/30/2020 | Common Stock - Voting | 1,800 | $ 38.39 | D | Â |
Options - Right to Buy | 03/31/2011(1) | 03/30/2020 | Common Stock - Non Voting | 600 | $ 38.39 | D | Â |
Options - Right to Buy | 03/30/2012(1) | 03/29/2021 | Common Stock - Voting | 2,800 | $ 47.4 | D | Â |
Options - Right to Buy | 03/28/2013(1) | 03/27/2022 | Common Stock - Voting | 3,700 | $ 54.24 | D | Â |
Options - Right to Buy | 04/03/2014(1) | 04/02/2023 | Common Stock - Voting | 3,600 | $ 71.6 | D | Â |
Options - Right to Buy | 03/26/2015(2) | 03/25/2024 | Common Stock - Voting | 4,000 | $ 71.1 | D | Â |
Restricted Stock Units | 03/15/2014(3) | 03/15/2015 | Common Stock - Voting | 280 | $ 0 | D | Â |
Restricted Stock Units | 03/15/2015(4) | 03/15/2017 | Common Stock - Voting | 571 | $ 0 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Schwartz Jeffery D 18 LOVETON CIRCLE SPARKS, MD 21152 |
 |  |  V.P., Gen Counsel & Secretary |  |
Jason Wynn, Attorney-in-fact | 12/10/2014 | |
**Signature of Reporting Person | Date |
* | 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). |
(1) | Twenty-five percent (25%) of the option grant becomes exercisable at each of the first four (4) grant anniversaries. |
(2) | The option grant becomes exercisable in thirds at each of the first three (3) grant anniversaries. |
(3) | The Reported Restricted Stock Units entitle the reporting person to receive, March 15 of the first and second year following the grant date, a distribution of common stock equal to 50% of the grant. The reported amount reflects the amount that will be received on the second such date. Once vested, the Restricted Stock Units are settled in equal number of shares of Common Stock. |
(4) | The Reported Restricted Stock Units entitle the reporting person to receive, on March 15 of the first and second year following the grant date, a distribution of common stock equal to 33.3% of the grant. The remainder Restricted Stock Units will vest on March 15 of the third year following the grant date. |