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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549ANNUAL 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 2270 (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 at End of Issuer's Fiscal Year (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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(A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
vanBeuren Archbold D 1 CAMPBELL PLACE CAMDEN, NJ 08103 |
 X |  |  |  |
Tara L. Smith, Attorney-in-Fact | 09/14/2016 | |
**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) | 56,000 shares were transferred from Arnott Investment Partners LP ("Arnott"), a family investment partnership in which the Reporting Person owns an interest, to the ADvB 2009 GRAT, a GRAT established by the Reporting Person. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from Arnott to the GRAT. |
(2) | vB Managers, is a family management company that both owns Common Stock and is the general partner of Arnott, the family investment partnership reported on this line that also owns shares of Common Stock. The Reporting Person owns a fractional interest in vB Managers and limited partnership interests in Arnott. The Reporting Person disclaims beneficial ownership of securities owned by Arnott except to the extent of his pecuniary interest therein. |
(3) | 23,279 shares were transferred from the ADvB 2009 GRAT to the Archbold D. van Beuren Revocable Trust, a revocable trust established by the Reporting Person and of which the Reporting Person is the trustee and beneficiary. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from the GRAT to the Revocable Trust. |
(4) | 9,054 shares were transferred from the ADvB 2013 GRAT to the Archbold D. van Beuren Revocable Trust. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from the GRAT to the Revocable Trust. |
(5) | 50,000 shares were transferred from Arnott, to the Archbold D. van Beuren Revocable Trust. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from Arnott to the Revocable Trust. |
(6) | 66 shares were transferred to vB Managers from a Charitable Lead Annuity Trust ("CLAT") established by the Reporting Person's late father. The Reporting Person is a beneficiary under the CLAT, but does not have a beneficial interest in the Common Stock held by the CLAT until such Common Stock is distributed to him pursuant to the terms of the CLAT or until the CLAT expires. |
(7) | vB Managers is a family management company that owns Common Stock. The Reporting Person owns a fractional interest in vB Managers and the shares reported on this line represent the shares in which the Reporting Person has a pecuniary interest, based on his fractional ownership of vB Managers. The Reporting Persons disclaims beneficial ownership of securities held by vB Managers except to the extent of his pecuniary interest therein. |
(8) | 175,000 shares were transferred from Arnott to the ADvB 2009 GRAT. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from Arnott to the GRAT. |
(9) | 170,913 shares were transferred from the ADvB 2009 GRAT to the Archbold D. van Beuren Revocable Trust. The Reporting Person's beneficial ownership and pecuniary interest in the shares did not change as a result of the contribution from the GRAT to the Revocable Trust. |