Filing Details
- Accession Number:
- 0001209191-16-128781
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-06-20 15:32:06
- Reporting Period:
- 2016-06-16
- Filing Date:
- 2016-06-20
- Accepted Time:
- 2016-06-20 15:32:06
- SEC Url:
- Form 4 Filing
Issuer
Insiders
| Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
|---|---|---|---|---|---|---|---|
| 1181274 | H William Spence | Two North 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 | 2016-06-16 | 126,224 | $31.65 | 186,611 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2016-06-16 | 156,224 | $38.79 | 30,387 | 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 | 2016-06-16 | 126,224 | $0.00 | 126,224 | $31.65 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 0 | 2017-01-24 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 120 | 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 126,224 stock options and sale of underlying shares, and the sale of previously vested restricted stock units and performance units pursuant to a 10b5-1 plan, dated April 29, 2016.
- Total includes the reinvestment of dividends.
- 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 weighted average sales price for price increments ranging from $38.611 to $39.010.
- Represents the exercise of 126,224 stock options that vested in three installments on January 25, 2008, January 25, 2009 and January 25, 2010.
Billionaire Hedge Funds
