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 | ||||
Performance Share Units | Â (1) | Â (2) | Common Stock | 13,232 (3) | $ (1) | D | Â |
Performance Share Units | Â (4) | Â (5) | Common Stock | 16,294 (3) | $ (4) | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Abadie John R. Jr. 2500 CITYWEST BLVD., SUITE 2200 HOUSTON, TX 77042 |
 |  |  Exec Vice President and COO |  |
Kelly C. Simoneaux on behalf of John R. Abadie, Jr., pursuant to a power of attorney | 09/14/2011 | |
**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) | Grant of performance share units. Each performance share unit represents a contingent right to receive the cash value of one share of DVR stock dependent upon DVR's relative total shareholder return over a three-year period ending 12/31/12, payable in cash unless the Compensation Committee determines to pay in stock. |
(2) | Upon payment of the unit which shall be no later than March 15, 2013. |
(3) | Amount reported is 200% of the number of performance share units granted and the maximim number that may be earned. |
(4) | Grant of performance share units. Each performance share unit represents a contingent right to receive the cash value of one share of DVR stock dependent upon DVR's relative total shareholder return over a three-year period ending 12/31/13, payable in cash unless the Compensation Committee determines to pay in stock. |
(5) | Upon payment of the unit which shall be no later than March 15, 2014. |