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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 | ||||||||
Restricted Stock Unit | (2) | 01/26/2010 | M(1) | 4,757 | 01/26/2010 | (9) | Common Stock | 4,757 | (2) | 52,500 | D | ||||
Employee Stock Options (Right to Buy) | $ 4.22 | 01/26/2010 | M(5) | 10,000 | (10) | 04/25/2010 | Common Stock | 10,000 | $ 0 | 50,000 | D | ||||
Employee Stock Options (Right to Buy) | $ 4.22 | 01/27/2010 | M(5) | 10,000 | (10) | 04/25/2010 | Common Stock | 10,000 | $ 0 | 40,000 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
SOMMERS DAVID P 310 LITTLETON ROAD WESTFORD, MA 01886 |
CFO & VP General Operations |
/s/ David P. Sommers | 01/28/2010 | |
**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) | The shares of Common Stock were acquired upon the vesting of certain Restricted Stock Units previously granted to the reporting person. |
(2) | Price is N/A. |
(3) | The shares of Common Stock were withheld to satisfy the reporting person's tax withholding obligation upon the vesting of restricted stock units. |
(4) | Represents the opening price of the Company's Common Stock on the date such grant vested, which was January 24, 2010. Because such date occurred during the Company's blackout period, such shares were not actually issued until the Company's blackout period ended, which was January 26, 2010. |
(5) | Option was exercised and related Common stock was sold pursuant to a 10b5-1 plan. |
(6) | The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $14.48 to $14.78. |
(7) | The shares sold on this date were sold in multiple transactions. This price is the weighted average sales price per share; the actual sales price per share ranged from $14.23 to $14.45. |
(8) | 2,500 of these shares are held by a trust in which the reporting person has a pecuniary interest. |
(9) | Date is N/A. |
(10) | The initial portion of the option grant initially became exercisable on June 13, 2004 and the remainder vested in equal quarterly installments thereafter. |