UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549INITIAL STATEMENT OF 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. | SEC 1473 (7-02) | ||
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. |
1. Title of Derivative Security (Instr. 4) |
2. Date Exercisable and Expiration Date (Month/Day/Year) |
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) |
4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 5) |
6. Nature of Indirect Beneficial Ownership (Instr. 5) |
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Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options | Â (2) | 05/28/2007 | Common Stock | 21,000 | $ 7.9375 | D | Â |
Stock Options | Â (3) | 08/08/2010 | Common Stock | 10,000 | $ 12.875 | D | Â |
Stock Options | Â (4) | 03/09/2011 | Common Stock | 15,000 | $ 9.0313 | D | Â |
Stock Options | Â (5) | 04/30/2011 | Common Stock | 7,500 | $ 9.89 | D | Â |
Stock Options | Â (6) | 04/14/2013 | Common Stock | 9,000 | $ 13.57 | D | Â |
Stock Options | Â (7) | 05/03/2015 | Common Stock | 10,000 | $ 19.13 | D | Â |
Stock Options | Â (8) | 07/28/2016 | Common Stock | 10,000 | $ 21.23 | D | Â |
Performance Shares | Â (9) | 04/27/2009 | Common Stock | 2,000 | $ 21.23 (10) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Gardner John L C/O INTER-TEL (DELAWARE), INCORPORATED 1615 SOUTH 52ND STREET TEMPE, AZ 85281 |
 |  |  Sr. V.P. & General Counsel |  |
Kurt R. Kneip | 02/23/2007 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 5(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) | 350 shares of the total of 1670 shares held in a 401(k) account |
(2) | 1/5th of the original grant of 40,000 on each anniverary of grant date 5/28/1997 |
(3) | 1/5th of the original grant of 10,000 on each anniversary of grant date 08/08/2000 |
(4) | 1/5th of the original grant of 15,000 on each anniversary of original grant date 03/09/2001 |
(5) | 1/5th of the original grant of 7,500 on each anniversary of grant date 04/30/2001 |
(6) | 1/5th of the original grant of 9,000 on each anniversary of grant date 04/14/2003 |
(7) | 1/3rd of the original grant of 10,000 on each anniverary of grant date of 05/03/2005 |
(8) | 1/3rd of the original grant of 10,000 on each anniverary of grant date 07/28/2006 |
(9) | 1/2 on 04/27/2008 and 1/2 on 04/27/2009 so long as the Company meets or exceeds selected earnings per share targets |
(10) | Although the market price on the date of the award was $21.23, should the performance goals be achieved, the shares will be issued at no cost |