04/22/2025 | Press release | Distributed by Public on 04/22/2025 18:25
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 | ||||||||
Restricted Stock Units | $ 0 | (2) | (1) | Restricted Stock Units | 3,756 | 3,756 | D | ||||||||
Performance Stock Units | $ 0 | (3) | (1) | Restricted Stock Units | 8,451 | 8,451 | D | ||||||||
Restricted Stock Units | $ 0 | 04/22/2025 | M | 1,917 | (4) | (1) | Restricted Stock Units | 9,583 | $ 0 | 7,666 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HOPKINS LYNN M 1055 WILSHIRE BLVD., SUITE 1220 LOS ANGELES, CA 90017 |
EVP/CFO |
/s/ Lynn Hopkins | 04/22/2025 | |
**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) | There will be no expiration date once restricted stock units vest. |
(2) | These restricted stock units vest in three equal annual installments beginning one year after the 03/20/2024 date of grant. |
(3) | These performance stock units ("PSUs") will vest conditionally on the achievement of certain performance goals and an employment condition. The reported PSUs will vest at the expiration of a three-year period beginning on 03/20/2024 subject to the Reporting Person's satisfaction of the employment condition. |
(4) | These restricted stock units vest in five equal annual installments beginning one year after the 04/22/2024 date of grant. |
Remarks: Shares issued for vesting of 4/22/2024 RSU grant and shares disposed in settlement of tax withholding obligations for such RSU vesting. |