Filing Details
- Accession Number:
- 0001209191-13-022329
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2013-04-24 08:22:32
- Reporting Period:
- 2013-04-22
- Filing Date:
- 2013-04-24
- Accepted Time:
- 2013-04-24 08:22:32
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1181274 | H William Spence | Two N. Ninth Street Allentown PA 18101 | Chairman, President And Ceo | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2013-04-22 | 114,320 | $25.74 | 132,482 | No | 4 | M | Direct | |
Common Stock | Disposition | 2013-04-22 | 126,655 | $32.43 | 5,827 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Options (Right to Buy) | Disposition | 2013-04-22 | 114,320 | $0.00 | 114,320 | $25.74 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
1,547,320 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 97 | Indirect | Held in trust pursuant to the Employee Stock Ownership Plan. |
Common Stock | 12,824 | Indirect | Held in trust for benefit of Mr. Spence's wife. |
Footnotes
- This Form 4 report reflects the exercise of 114,320 stock options and sale of underlying shares and the sale of 12,335 previously vested restricted stock units pursuant to a 10b5-1 plan dated March 19, 2013.
- Total includes the reinvestment of dividends.
- Represents the weighted average sales price for price increments ranging from $32.33 to $32.58.
- The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price for all transactions reported on this Form 4.
- Represents the exercise of 114,320 stocks options from a total grant of 171,480 options. There are 57,160 options remaining from the grant that vest on January 27, 2014 and expire on January 26, 2021.