Filing Details
- Accession Number:
- 0001225208-19-014859
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-11-25 15:58:20
- Reporting Period:
- 2019-11-21
- Accepted Time:
- 2019-11-25 15:58:20
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1195189 | S Kelly King | Po Box 1250 Winston-Salem NC 27102-1250 | Chairman And Ceo | Yes | 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 | 2019-11-21 | 101,806 | $30.08 | 460,443 | No | 4 | M | Direct | |
Common Stock | Acquisiton | 2019-11-21 | 100,000 | $30.09 | 560,443 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-11-21 | 201,806 | $54.22 | 358,637 | No | 4 | S | Direct | |
Common Stock | Disposition | 2019-11-21 | 13,635 | $0.00 | 345,002 | No | 5 | G | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 5 | G | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | Disposition | 2019-11-21 | 100,000 | $0.00 | 100,000 | $30.09 |
Common Stock | Stock Option (right to buy) | Disposition | 2019-11-21 | 101,806 | $0.00 | 101,806 | $30.08 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2013-02-21 | 2022-02-21 | No | 4 | M | Direct |
0 | 2014-02-26 | 2023-02-26 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 9,802 | Indirect | By 401(k) |
Common Stock | 105,837 | Indirect | By IRA |
Common Stock | 64,577 | Indirect | By Spouse |
Reported Derivative Holdings
Sec. Name | Sec. Type | Price | Date | Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|---|---|---|---|
Common Stock | Stock Option (right to buy) | $32.10 | 2017-03-15 | 2026-02-23 | 155,555 | 155,555 | Direct |
Common Stock | Stock Option (right to buy) | $37.55 | 2015-02-25 | 2024-02-25 | 71,611 | 71,611 | Direct |
Common Stock | Stock Option (right to buy) | $38.22 | 2016-03-15 | 2025-02-24 | 120,714 | 120,714 | Direct |
Expiration Date | Amount | Remaning Holdings | Nature of Ownership |
---|---|---|---|
2026-02-23 | 155,555 | 155,555 | Direct |
2024-02-25 | 71,611 | 71,611 | Direct |
2025-02-24 | 120,714 | 120,714 | Direct |
Footnotes
- Includes 6,206.610 shares acquired between June 2019 and September 2019, under the Issuer's Dividend Reinvestment Plan.
- The price in Column 4 is a weighted average price. The prices actually received ranged from $53.9300 to $54.7100. The reporting person will provide to the issuer, any security holder of the issuer, or the SEC staff, upon request, information regarding the number of shares sold at each price within the range.
- Includes 905.542 shares acquired between January 1, 2019 and September 30, 2019, under the Issuer's 401(k) plan. The information in this report is based on plan statements dated January 1, 2019 through September 30, 2019.
- Includes 1,906.618 shares acquired between June 2019 and September 2019, under the Dividend Reinvestment Plans.
- Includes 1,161.753 shares acquired between June 2019 and September 2019, under the Issuer's Dividend Reinvestment Plan.
- The option is exercisable in four equal annual installments beginning on 02/21/2013.
- The option is exercisable in three equal annual installments beginning on 02/26/2014.
- On February 23, 2016, the reporting person was granted an option to purchase 155,555 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2017, 2018, and 2019. The performance criteria for 2019 were met, resulting in 51,852 options being earned.
- On February 25, 2014, the reporting person was granted an option to purchase 71,611 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending February 25, 2015, 2016, and 2017. The performance criteria for 2017 were met, resulting in 23,873 options being earned.
- On February 24, 2015, the reporting person was granted an option to purchase 120,714 shares of common stock. The option vests ratably over three years based on certain performance criteria for each vesting year ending March 15, 2016, 2017, and 2018. The performance criteria for 2018 were met, resulting in 40,239 options being earned.