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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 | ||||||||
Stock Appreciation Right | $ 51.23 | 02/13/2013 | A | 45,200 | 02/13/2013 | 08/28/2018 | Common Stock | 45,200 | $ 51.23 | 45,200 | D | ||||
Stock Appreciation Right | $ 38.71 | 02/13/2013 | A | 34,100 | 02/13/2013(2) | 08/27/2020 | Common Stock | 34,100 | $ 38.71 | 34,100 | D | ||||
Stock Appreciation Right | $ 41.87 | 02/13/2013 | A | 20,200 | 02/13/2013(3) | 08/24/2021 | Common Stock | 20,200 | $ 41.87 | 20,200 | D | ||||
Stock Appreciation Right | $ 30.54 | 02/13/2013 | A | 17,515 | 08/29/2013(4) | 08/29/2022 | Common Stock | 17,515 | $ 30.54 | 17,515 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
HAMBURGER DANIEL 3005 HIGHLAND PARKWAY DOWNERS GROVE, IL 60515 |
X | President and CEO |
/s/ Gregory S. Davis for Daniel Hamburger | 02/15/2013 | |
**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 common stock is a restricted stock unit which represents a right to receive one share of common stock for each restricted stock unit. The restricted stock units vest in four equal installments beginning on the anniversary of the transaction date. The restricted stock units and the stock appreciation rights reported in this Form 4 were granted to the reporting person to replace the value of stock option grants the reporting person was told he was receiving in 2008, 2010, 2011, and 2012 but were not fulfilled to the extent they exceeded the limit on the number of stock options that may be granted to any individual participant in a one-year period under the DeVry Inc. Amended and Restated 2005 Incentive Plan. |
(2) | The SARs vest 50% on February 13, 2013, 25% on August, 27, 2013 and 25% on August 27, 2014. |
(3) | The SARs vest 25% on February 13, 2013, 25% on August 24, 2013, 25% on August 24, 2014 and 25% on August 24, 2015. |
(4) | The SARs vest in four equal installments on August 29th of each of 2013, 2014, 2015 and 2016. |