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 |
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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) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Appreciation Rights | 08/30/2012 | 08/30/2017 | Common Stock | 50,000 (2) | $ 11.07 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Bernard Robert J 10201 MAIN STREET HOUSTON, TX 77025 |
 |  |  President and COO | South Hill Division |
/s/ R.E. Stasyszen, Attorney in Fact for Robert J. Bernard | 09/02/2010 | |
**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) | On August 30, 2010, the reporting person was granted 20,000 shares of restricted common stock. The shares will vest, on a three-year cliff basis, on August 30, 2013. |
(2) | On August 30, 2010, the reporting person was granted Stock Appreciation Rights (SARs) with respect to a total of 50,000 shares of common stock. The grant price for the SARs is $11.07 per share of common stock, which was the closing price of the issuer's common stock on the grant date. The shares will vest as follows: 25,000 shares on August 30, 2012, 12,500 shares on August 30, 2013, and 12,500 shares on August 30, 2014. They will expire on the earlier of (i) sixty days after termination of employment (one year if termination is due to death, disability or retirement), or (ii) seven years from the date of grant. |