|
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 |
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
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) |
||||
Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Restricted Stock Units (1) | (3) | 07/01/2008 | M | 29,197 | (1) | (1) | Common Stock | 29,197 | (4) | 0 | D | ||||
Restricted Stock Units (2) | (3) | 07/01/2008 | M | 22,059 | (2) | (2) | Common Stock | 22,059 | (4) | 0 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
MCGEARY RODERICK C 1676 INTERNATIONAL DRIVE MCLEAN, VA 22102 |
X | Chairman of the Board |
Christine Chang, Attorney-in-Fact for Roderick C. McGeary | 07/03/2008 | |
**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) | As previously reported, on February 12, 2007, Roderick C. McGeary was granted an award of 29,197 restricted stock units ("RSUs"). These RSUs were originally scheduled to vest and settle in 25% increments on February 12 in each of 2008, 2009, 2010 and 2011. In connection with Mr. McGeary's retirement as a Company employee on December 31, 2007, the vesting of this grant was accelerated and in accordance with Section 409A of the Internal Revenue Code, settlement was deferred to July 1, 2008. On July 1, 2008, 29,197 shares of common stock of the Company were issued to Mr. McGeary, of which 9,285 shares of common stock were withheld by the Company to satisfy Mr. McGeary's tax withholding obligations. |
(2) | As previously reported, on September 25, 2006, Mr. McGeary was granted an award of 29,411 RSUs. Of these RSUs, 7,352 RSUs vested on January 1, 2007 and settled on December 18, 2007. An additional 7,352 RSUs were scheduled to vest on January 1 in each of 2008, 2009 and 2010. In connection with Mr. McGeary's retirement as a Company employee on December 31, 2007, the vesting of the 22,059 RSUs was accelerated and in accordance with Section 409A of the Internal Revenue Code, settlement was deferred to July 1, 2008. On July 1, 2008, 22,059 shares of common stock of the Company were issued to Mr. McGeary, of which 7,015 shares of common stock were withheld by the Company to satisfy Mr. McGeary's tax withholding obligations. |
(3) | Each restricted stock unit represents a contingent right to receive one share of BearingPoint, Inc. common stock or the cash equivalent on the settlement date specified in the RSU Award Notice. |
(4) | None. |