UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Phantom Share Units | Â (2) | Â (2) | Registered Shares | 5,478 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Fontana Peter Thomas 515 POST OAK BLVD., STE. 600 HOUSTON, TX 77027 |
 |  |  VP Western Hemisphere |  |
Jospeh C. Henry, by Power of Attorney | 07/21/2009 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | Includes 101,500 restricted shares, which vest as follows: 14,000 shares vest on December 14, 2009, 15,000 shares vest on May 7, 2011, 15,000 shares vest on July 9, 2011, 10,000 shares vest on each of May 7, 2010 and 2012, and 37,500 shares vest when certain financial and operational goals are obtained. Until they vest, these shares are subject to risk of forfeiture. |
(2) | All phantom share units credited under the Company's Executive Deferred Compensation Stock Ownership Plan (the "Plan') with respect to deferrals by a participant are 100% vested at all times. All units credited under the Plan by the Company's 7.5% allocation and matching allocation vest at 20% per year for each year of service. Distributions under the Plan are made upon termination of employment, retirement or death of the participant. |
(3) | The phantom share units convert to registered shares on a one-for-one basis. |