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 |
|
| ||||||||||||||||||||||||||||||
|
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) |
||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Conditional Share Award | Â (2) | Â (2) | Common Stock | 320 | $ (3) | D | Â |
Conditional Share Award | Â (4) | Â (4) | Common Stock | 500 | $ (3) | D | Â |
Conditional Share Award | Â (5) | Â (5) | Common Stock | 500 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
PETERS ALLEN T 2801 EAST BELTLINE NE GRAND RAPIDS, MI 49525 |
 |  |  President UFP Western Division |  |
Allen T. Peters | 01/04/2011 | |
**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) | Represents grant of shares of restricted stock. The shares vest on the fifth anniversary of the grant date, subject to earlier vesting upon death, disability or retirement. Half of the shares are deliverable to the reporting person upon vesting; the balance of the shares are not issuable to the reporting person until subsequent retirement, death or disability. |
(2) | Each conditional share grant vests on the third anniversary of the grant date (February 15, 2011), conditioned upon the recipient's continued employment through that date. |
(3) | Each conditional share grant represents a contingent right to receive one share of the Company's common stock. |
(4) | Each conditional share grant vests on the tenth anniversary of the grant date (January 16, 2017), conditioned upon the recipient's continued employment through that date. |
(5) | Each conditional share grant vests on the third anniversary of the grant date (January 15, 2018), conditioned upon the recipient's continued employment through that date. |