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 | ||||
Non-Qualified Stock Option (right to buy) | Â (1) | 10/28/2012 | Common Stock, Par Value $1.00 | 30,000 | $ 40.17 | D | Â |
Performance Stock Units | Â (2) | Â (2) | Common Stock, Par Value $1.00 | 7,000 | $ (2) | D | Â |
Restricted Stock Units | Â (3) | Â (3) | Common Stock, Par Value $1.00 | 20,000 | $ (3) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
THORSTEINSON TIMOTHY E BROADCAST COMMUNICATIONS DIVISION 25 DYAS ROAD NORTH YORK, A6 M3B 1V7 |
 |  |  President - BCD |  |
By: /s/ Scott T. Mikuen, Attorney-in-Fact, For: Timothy E. Thorsteinson | 07/06/2006 | |
**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) | Of the 30,000 shares granted on this 10/28/05 stock option, 15,000 shares will become exercisable on 10/28/06, 7,500 shares will become exercisable on 10/28/07, and 7,500 shares will become exercisable on 10/28/08. |
(2) | Each performance stock unit represents a contingent right to receive one share of the Issuer's common stock. Performance stock units are subject to future adjustment; performance period started 7/2/05. The 7,000 performance stock units will vest on 6/30/08. Vested shares are subject to adjustment and will be delivered to the reporting person within two and one-half months of the end of the performance period. |
(3) | Each restricted stock unit represents a contingent right to receive one share of the Issuer's common stock. The 20,000 restricted stock units will vest on 10/28/08. Vested shares will be delivered to the reporting person within two and one-half months of vesting. |