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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 | ||||||||
PRSUs (1) | $ 0 | 01/28/2017 | A | 42,397 | (2) | (2) | Common Stock | 42,397 | $ 0 | 42,397 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Miles Patrick 7475 LUSK BLVD. SAN DIEGO, CA 92121 |
X |
/s/ Nathaniel B. Sisitsky, Attorney-in-Fact for Patrick S. Miles | 01/31/2017 | |
**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) | Each performance restricted stock unit ("PRSU") represents the right to receive one share of the Issuer's common stock upon vesting. |
(2) | As disclosed by the Issuer on a Form 8-K filed on September 12, 2016, this PRSU award was granted to the Reporting Person on September 11, 2016, contingent upon purchases of the Issuer's common stock made by the Reporting Person through January 28, 2017. The number of PRSUs reported on this Form 4 represents the target payout of the PRSU award. The number of shares payable upon vesting of the PRSUs could range from 0% to 200% of target, if and to the extent that the Issuer's stock price reaches specified levels as of September 11, 2021, the end of the performance period. |