Filing Details
- Accession Number:
- 0001209191-19-054824
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-04 13:30:13
- Reporting Period:
- 2019-10-31
- Accepted Time:
- 2019-11-04 13:30:13
- 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 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 | 2019-10-31 | 134,991 | $26.59 | 304,719 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-10-31 | 134,991 | $33.50 | 169,728 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2019-11-01 | 253,009 | $26.59 | 422,737 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-11-01 | 253,009 | $33.51 | 169,728 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | S | Direct | |
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 | 2019-10-31 | 134,991 | $0.00 | 134,991 | $26.59 |
Common Stock | Employee Stock Options (Right to Buy) | Disposition | 2019-11-01 | 253,009 | $0.00 | 253,009 | $26.59 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
641,977 | 2023-01-23 | No | 4 | M | Direct | |
388,968 | 2023-01-23 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 143 | 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 388,000 stock options and sale of underlying shares pursuant to a 10b5-1 plan, dated November 7, 2018.
- 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 sale price for price increments ranging from $33.500 to $33.510.
- Represents the weighted average sale price for price increments ranging from $33.500 to $33.545.
- Represents the exercise of 388,000 stock options from a total grant of 776,968 stock options that vested in three equal annual installments beginning on January 24, 2014.