SEC
Form 4
FORM 4 |
UNITED
STATES SECURITIES AND EXCHANGE COMMISSION |
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Check this box if no longer
subject to Section 16. Form 4 or Form 5 obligations may continue. See
Instruction 1(b). |
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1. Name and Address of Reporting
Person*
(Street)
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2. Issuer Name and Ticker
or Trading Symbol |
5. Relationship of Reporting
Person(s) to Issuer
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3. Date of Earliest Transaction
(Month/Day/Year) |
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4. If Amendment, Date of Original
Filed (Month/Day/Year) |
6. Individual or Joint/Group
Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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1. Title of Security (Instr. 3) |
2. Transaction Date
(Month/Day/Year) |
2A. Deemed Execution Date, if any
(Month/Day/Year) |
3. Transaction Code (Instr. 8) |
4. Securities Acquired (A) or
Disposed Of (D) (Instr. 3, 4 and 5) |
5. Amount
of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3
and 4) |
6. Ownership Form: Direct (D) or
Indirect (I) (Instr. 4) |
7. Nature of Indirect Beneficial
Ownership (Instr. 4) |
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Code |
V |
Amount |
(A) or (D) |
Price |
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned |
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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 Securities Underlying Derivative Security (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: 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 |
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Restricted Stock Unit |
(1) |
06/15/2022 |
A |
2,766(2) |
(3) |
(3) |
Class A Common Stock |
2,766 |
$8.27(4) |
128,976(5) |
D |
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Restricted Stock Unit |
(1) |
06/15/2022 |
A |
2,716(2) |
(6) |
(6) |
Class A Common Stock |
2,716 |
$8.27(4) |
126,631(5) |
D |
Explanation of Responses: |
1. Each Restricted
Stock Unit represents a right to receive, upon vesting, one share of Class A Common Stock, cash, or a combination of both. Each
Restricted Stock Unit includes tandem dividend equivalents which will vest
upon the same schedule as the underlying Restricted Stock Units. |
2. These Restricted
Stock Units accrued on outstanding Restricted Stock Units held by the
reporting person as a result of a dividend equivalent payment made to the
holder when the Company paid its most recent quarterly dividend on the Class A Common Stock. |
3. These Restricted
Stock Units vest ratably over four years in May of each year starting in the
year following the grant. |
4. The price is based
on the closing price on June 1, 2022 of $8.27. |
5. Balance includes
original grants of Restricted Stock Units and dividend equivalents issued in
additional Restricted Stock Units. |
6. These Restricted
Stock Units vest in full on May 18, 2023. |
Remarks: |
/s/ W. Keith Maxwell III, By Barbara Clay,
attorney-in-fact |
06/17/2022 |
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** Signature of Reporting Person |
Date |
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Reminder: Report on a separate
line for each class of securities beneficially owned directly or indirectly. |
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* If the form is filed by more
than one reporting person, see Instruction 4 (b)(v). |
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** Intentional misstatements or
omissions of facts constitute Federal Criminal Violations See 18
U.S.C. 1001 and 15 U.S.C. 78ff(a). |
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Note: File three copies of this
Form, one of which must be manually signed. If space is insufficient, see
Instruction 6 for procedure. |
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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 Number. |