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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 | ||||||||
| RESTRICTED STOCK UNITS | (1) | 02/18/2008 | M | 700 (1) | (1) | (1) | COMMON STOCK | 700 | (1) | 0 | D | ||||
| RESTRICTED STOCK UNITS | (2) | 02/18/2008 | M | 1,198 (2) | (2) | (2) | COMMON STOCK | 1,198 | (2) | 0 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| COPPINGER PAUL M C/O CIRCOR INTERNATIONAL INC. 25 CORPORATE DRIVE, STE. 130 BURLINGTON, MA 01803 |
Group Vice President | |||
| ALAN J. GLASS, ATTORNEY-IN-FACT | 02/21/2008 | |
| **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) | The Restricted Stock Units (RSU), the conversion of which are reported herein, were granted to the Reporting Person by the issuer as part of equity incentive grants made by the issuer on February 18, 2005. On that date the fair market value (FMV) of a share of the issuer's stock was $24.90. The RSU grant vests in equal portions over a three (3) year period, and are received by the Reporting Person upon vesting, on a one-for-one basis unless the Reporting Person has previously chosen a longer deferral period. This report reflects the vesting of the final third of RSU from the original grant and the acquisition by the Reporting Person of the underlying shares minus sufficient shares withheld by the issuer at the request of the Reporting Person as necessary to pay applicable income taxes. The FMV of the shares, based on the closing price of the issuer's stock on February 15, 2008 (last business day before shares vested) is $43.11. |
| (2) | The Restricted Stock Units, the conversion of which is reported herein, on a 1-for-1 basis were granted to the Executive as part of an equity grant on 2/18/05, issued pursuant to the issuer's Management Stock Purchase Plan (MSPP) whereby Executive made an advance election to receive RSU in lieu of a percentage or dollar amount of the 2005 bonus at a 33% discount from the fair market value (FMV) of the issuers common stock on the date the underlying bonus aware is determined ($16.68) and vest 3 years from the original grant unless Executive selected a longer deferral period. This report reflects the Executive's election to receive RSU in lieu of bonus, acquisition of those underlying shares in whole units and the witholding of sufficient shares to pay applicable income taxes. The FMV of the issuer's stock on 2/15/08 (last business day before vesting) is $43.11 |
| Remarks: Grant Date of 2/18/08 was a federal holiday. | |