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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HERSHBERG DAVID E 45 OSER AVENUE HAUPPAUGE, NY 11788 |
X | Chief Executive Officer |
/s/ Andrew C. Melfi, as Attorney-in-fact | 10/03/2012 | |
**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) | Involved a transfer of shares held in a GRAT account to direct ownership on July 2, 2012. |
(2) | Upon the expiration of the GRAT account on June 30, 2012, the Reporting Person (i) transferred 94,810 shares of common stock to direct ownership and (ii) gifted 136,101 shares of common stock to a trust through which the Reporting Person's children are the sole beneficiaries and trustees and through which the Reporting Person has no beneficial ownership. Both (i) and (ii) occurred on July 2, 2012. |
(3) | Involved a transfer to a trust through which the Reporting Person's children are the sole beneficiaries and trustees and through which the Reporting Person has no beneficial ownership. |
(4) | Involved a transfer of ownership to children on December 23, 2011, but the Reporting Person maintained indirect beneficial ownership over the shares of common stock until the Reporting Person resigned as Managing Partner of Deerhill Associates on September 20, 2012, at which time the Reporting Person had no beneficial ownership over the shares of common stock. |