SEC Form 4 · accession 0001127602-15-023178

· PGR

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Chairman, President and CEO · Director

Period of report

Jul 17, 2015

Accepted (ET)

Jul 21, 2015 · 11:14 am EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000080661

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common	Jul 17, 2015	A	54,117	$0.00	A	1,285,328	D
Common	Jul 17, 2015	D	178,655	$0.00	D	1,106,673	D
Common	Jul 17, 2015	F	23,819	$30.76	D	1,082,854	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Deferred Comp Unit^F4,F6,F7	$0.00	Jul 17, 2015	A	523,551	A	—	—	Common	523,551	3,979,990	D

F1These common shares were acquired upon the vesting of dividend equivalent units related to the performance-based restricted stock unit award granted in 2012 and deferred by the reporting person. These dividend equivalent units are not eligible for deferral under any applicable plan.
F2The reporting person elected to defer receipt, upon the vesting thereof, of performance-based restricted shares granted in 2007. This Form 4 reports the disposition of such restricted shares in exchange for an equal number of deferred compensation units under the applicable deferral plan.
F3Delivery of shares to satisfy tax withholding obligations related to dividend equivalent units described in footnote 1.
F41 for 1
F5In addition to the deferral described in footnote 2, the reporting person elected to defer receipt of common shares issuable upon the vesting of performance-based restricted stock units awarded in 2012 (344,896.080 units).
F6Units will not be exercisable prior to distribution and will be distributed in an equivalent number of Common Shares at the time elected by the reporting person, subject to the payment provisions of the plan.
F7Expiration Date is the same as the Date Exercisable.