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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 |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
GARCIA PAUL R 10 GLENLAKE PARKWAY NORTH TOWER ATLANTA, GA 30328 |
X | President & CEO |
/s/ Suellyn Tornay | 01/25/2011 | |
**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 reporting person previously reported on a Form 4 filed on August 16, 2010 his gift of 140,492 shares of issuer common stock to Six Pack Enterprises, LLLP (the "Family LP"), a family limited partnership of which the reporting person and his spouse are the sole general partners and of which the reporting person was the 98% limited partner. This line item reflects the acquisition of such shares by gift by the Family LP. The reporting person disclaims beneficial ownership of the shares held by the Family LP, except to the extent of his and his spouse's pecuniary interest in such shares. |
(2) | The reporting person previously reported on a Form 4 filed on August 16, 2010 his gift of 17,364 shares of issuer common stock to the Garcia Gift Trust (the "Gift Trust"), a grantor trust for the benefit of the reporting person's children and grandchildren and of which the reporting persons' spouse is sole trustee. This line item reflects the acquisition of such shares by gift by the Gift Trust. The reporting person disclaims beneficial ownership of the shares held by the Gift Trust, except to the extent of his and his family members' pecuniary interest in such shares. |
(3) | On January 21, 2010, the reporting person sold his 98% limited partnership interest in the Family LP, for an aggregate purchase price of $4,322,811, to the Gift Trust. As a result of such transaction, the reporting person is no longer the limited partner of Family LP (but remains a general partner of Family LP along with his spouse), and the Gift Trust is the 98% limited partner of Family LP. No transfer of shares of issuer common stock took place as a result of the transaction. |
(4) | These shares are held in a grantor retained annuity trust for the benefit of the reporting person's children. The reporting person's spouse is the trustee of the trust. The reporting person has the sole right to receive annuity payments. |