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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 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 | ||||||||
Performance Units | $ 0 | 05/19/2014(3) | M | 4,647 (3) | (3) | (3) | Common Stock | 2,323 (3) | $ 0 | 4,647 | D | ||||
Common Stock | $ 0 | 05/19/2014(4) | M | 4,562 (4) | (4) | (4) | Common Stock | 3,800 (4) | $ 0 | 9,126 | D | ||||
Stock Option (Right to Buy) | $ 12 | (5) | 05/04/2021 | Common Stock | 6,000 | 6,000 | D | ||||||||
Restricted Stock Unit | $ 0 | (6) | (6) | Common Stock | 9,294 | 9,294 | D | ||||||||
Restricted Stock Units | $ 0 | (7) | (7) | Common Stock | 13,688 | 13,688 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ALEXANDER GEORGE P 100 THERMON DRIVE SAN MARCOS, TX 78666 |
EVP - Global Sales |
/s/ George Alexander by Sarah Alexander as attorney-in-fact | 05/21/2014 | |
**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) | Shares acquired on the vesting of performance units for the performance periods ended 3/31/2014. |
(2) | Shares withheld for payment of tax liability. |
(3) | On August 2, 2012, the reporting person was granted 13,941 performance units. Of the 4,647 Target shares eligible to be earned based on the Issuer's total shareholder return for the performance period ended March 31, 2014, the reporting person actually earned 50.0%, or 2,323 shares. The Compensation Committee certified the achievement of the performance goal on May 19, 2014. The remaining 4,647 target shares will be eligible to be earned in the performance period ending March 31, 2015. The actual number of shares that may vest depends on the Issuer's actual performance and ranges from 0% to 200%. |
(4) | On August 1, 2013, the reporting person was granted 13,688 performance units. Of the 4,562 Target shares eligible to be earned based on the Issuer's total shareholder return for the performance period ended March 31, 2014, the reporting person actually earned 83.3%, or 3,800 shares. The Compensation Committee certified the achievement of the performance goal on May 19, 2014. The remaining 9,126 target shares will be eligible to be earned in the performance periods ending March 31, 2015 and 2016. The actual number of shares that may vest depends on the Issuer's actual performance and ranges from 0% to 200%. |
(5) | Options vest in equal annual installments on May 4, 2014, 2015 and 2016. |
(6) | On August 2, 2012, the reporting person was granted a restricted stock unit award that vests in equal annual installments on August 2, 2014 and 2015. |
(7) | On August 1, 2013, the reporting person was granted a restricted stock unit award that vests in equal annual installments on August 1, 2014, 2015 and 2016. |