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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 | ||||||||
RSU (Def. Stock Awd) 2/13/06 | (1) | 06/12/2006 | A(2)(3) | 1,559 (3) | 02/14/2007(4) | (4) | Common Stock | 1,559 (3) | $ 51.45 | 3,368 (3) | D | ||||
Dividend 3/31/06 on 2/13/06 RSU | (1) | 06/12/2006 | A(2)(5) | 8 (5) | 02/14/2007(4) | (4) | Common Stock | 8 (5) | $ 54.99 | 3,376 (5) | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
CLASSON ROLF A 14 WOLF HILL TERRACE MARTINSVILLE, NJ 08836 |
X |
Rolf A. Classon | 06/14/2006 | |
**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) | Conversion or Exercise Price of Derivative Security is 1-for-1. |
(2) | Restricted Stock Units are entitled to dividend equivalent rights, which accrue on dividend record dates. |
(3) | Reflects the award of a prorated portion of the annual RSU grant to the Chairman of the Board of Directors of the Corporation. Effective March 20, 2006, Ray J. Hillenbrand resigned as Chairman of the Board and Rolf A. Classon became Chairman of the Board. On February 13, 2006, the full amount of the annual RSU grant to the Chairman of the Board was made to Mr. Hillenbrand. The Board of Directors subsequently determined that the annual RSU grant for the Chairman of the Board should have been prorated between Mr. Hillenbrand and Mr. Classon. |
(4) | These stock units are payable in shares on the later of the date indicated, or the six-month anniversary of the date that the Director ceases to be a member of the Board of Directors of the Corporation. |
(5) | Reflects the award in respect of the RSU award described in Footnote 3 above in connection with the dividend paid by the Corporation on March 31, 2006. |