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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT 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) | ||
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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 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 | ||||||||
| RSU | $ 0 | 04/22/2024 | M | 1,619 | (2) | (2) | Common Stock | 1,619 | $ 0 | 0 | D | ||||
| RSU | $ 0 | 04/19/2024 | A | 10,811 | (3) | (3) | Common Stock | 10,811 | $ 0 | 10,811 | D | ||||
| ISO granted 4/21/2023 | $ 19.88 | (4) | (4) | Common Stock | 10,000 | 10,000 | D | ||||||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| BURNETT VERA 2441 PRESIDENTIAL PARKWAY MIDLOTHIAN, TX 76065 |
CFO and Treasurer | |||
| /s/Vera Burnett | 04/22/2024 | |
| **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) | Vesting of Performance Based Restricted Stock Units granted 4/19/2021. |
| (2) | Restricted units vest one-half April 22, 2023 and one-half April 22, 2024. Upon vesting some or all of restricted units (RSUs) may be converted to cash, stock or mixture of both. |
| (3) | Restricted units vest one-third annually commencing on the first anniversary date of grant. Upon vesting the units will be converted to stock options or shares of stock at the discretion of the Board. |
| (4) | Option contract expires ten years from date of grant, and provides that shares will become exercisable 1/3 annually commencing on the first anniversary of grant. All option contracts are granted at market price on date of grant. |