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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 | ||||||||
Option to Purchase Common Shares | $ 53.52 | 05/30/2014 | A | 12,252 | (3) | 05/30/2024 | Common Shares, No Par Value | 12,252 | $ 0 | 12,252 | D | ||||
Employee Stock Option Exercise | $ 24.45 | 06/02/2014 | M | 2,000 | (4) | 06/16/2015 | Common Shares, No Par Value | 2,000 | $ 0 | 925 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Zangerle John Adam 5960 HEISLEY ROAD MENTOR, OH 44060 |
VP, Gen Counsel, and Sec. |
/s/ Dennis P. Patton, Authorized Representative under Power of Attorney | 06/03/2014 | |
**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) | This represents the sales price of the shares sold. |
(2) | 11,852 of these Common Shares are restricted. The restrictions on these Common Shares lapse as follows: 1,200 on June 1, 2015; 1,400 on May 31, 2016; 1,000 on August 1, 2016; 1,000 on November 28, 2016; 5,000 on May 31, 2017 and 2,252 on May 30, 2018. |
(3) | These options become exercisable as follows: 3,063 on May 30, 2015; 3,063 on May 30, 2016; 3,063 on May 30, 2017 and 3,063 on May 30, 2018. |
(4) | These options became exercisable as follows: 975 on May 16, 2007, 975 on May 16, 2008 and 50 on May 16, 2009. |
(5) | This exercise and sale of a total of 2,000 Common Shares is pursuant to a Rule 10b5-1 Stock Trading Plan entered into by the Reporting Person on November 20, 2013. |