06/13/2025 | Press release | Distributed by Public on 06/13/2025 16:09
FORM 4
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 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 | ||||||||
Performance Restricted Stock Units | (2) | 06/11/2025 | M | 36,202 | (1)(2) | 03/11/2027 | Common Stock | 36,202 | $ 0 | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Dziedzic Joseph W 5830 GRANITE PARKWAY, SUITE 1150 PLANO, TX 75024 |
X | President & CEO |
/s/ Mark Zawodzinski as attorney-in-fact for Joseph W. Dziedzic. | 06/13/2025 | |
**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) | Represents the settlement into shares of the registrant's common stock ("Common Stock") following the completion of a 1-year post-vesting deferred settlement period after the vesting on June 11, 2024 of 36,202 performance restricted stock units ("PRSUs") representing the maximum number of PRSUs (exclusive of target PRSUs) that were granted to the reporting person on March 11, 2022, which maximum number of PRSUs vested following the satisfaction of (i) a stock price performance vesting condition requiring that the price of the registrant's Common Stock must meet or exceed a stock price milestone of $120.00 per share as computed based upon the average closing price of the registrant's Common Stock on the New York Stock Exchange for a 20 consecutive trading day period, and (ii) a two-year service-based vesting condition. |
(2) | Each PRSU represents a contingent right to receive one share of common stock Common Stock. |