0000950144-05-002847.txt : 20120618
0000950144-05-002847.hdr.sgml : 20120618
20050318172249
ACCESSION NUMBER: 0000950144-05-002847
CONFORMED SUBMISSION TYPE: SC 13D/A
PUBLIC DOCUMENT COUNT: 1
FILED AS OF DATE: 20050318
DATE AS OF CHANGE: 20050318
FILED BY:
COMPANY DATA:
COMPANY CONFORMED NAME: WARSHAW CLIVE E
CENTRAL INDEX KEY: 0001033246
FILING VALUES:
FORM TYPE: SC 13D/A
BUSINESS ADDRESS:
BUSINESS PHONE: 2423560006
MAIL ADDRESS:
STREET 1: 104A SAFFREY SQU
CITY: NASSAU BAHAMAS
STATE: C5
ZIP: 999999999
SUBJECT COMPANY:
COMPANY DATA:
COMPANY CONFORMED NAME: STEINER LEISURE LTD
CENTRAL INDEX KEY: 0001018946
STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PERSONAL SERVICES [7200]
IRS NUMBER: 980164731
STATE OF INCORPORATION: C5
FISCAL YEAR END: 1231
FILING VALUES:
FORM TYPE: SC 13D/A
SEC ACT: 1934 Act
SEC FILE NUMBER: 005-49405
FILM NUMBER: 05692522
BUSINESS ADDRESS:
STREET 1: 770 SOUTH DIXIE HWY.
CITY: CORAL GABLES
STATE: FL
ZIP: 33146
BUSINESS PHONE: 3053589002
MAIL ADDRESS:
STREET 1: STE 104A
STREET 2: SAFFREY SQ
CITY: NASSAU
STATE: C5
ZIP: 00000
SC 13D/A
1
g93983sc13dza.txt
STEINER LEISURE LIMITED
OMB APPROVAL
OMB Number: 3235-0145
Expires: December 31, 2005
Estimated average burden
hours per response.......15
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. 10)*
STEINER LEISURE LIMITED
(Name of Issuer)
COMMON SHARES, PAR VALUE (U.S.) $0.01 PER SHARE
(Title of Class of Securities)
P8744Y 10 2
(CUSIP Number)
CLIVE E. WARSHAW
SUITE 104A
SAFFREY SQUARE
NASSAU, THE BAHAMAS
with a copy to:
ROBERT C. BOEHM
SENIOR VICE PRESIDENT AND GENERAL COUNSEL
STEINER MANAGEMENT SERVICES LLC
770 SOUTH DIXIE HIGHWAY - SUITE 200
CORAL GABLES, FLORIDA 33146
(305) 358-9002
(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
MARCH 15, 2005
(Date of Event Which Requires Filing of This Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of ss.ss.240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the
following box. [ ]
NOTE. Schedules filed in paper format shall include a signed original and five
copies of the schedule, including all exhibits. Seess.240.13d-7 for other
parties to whom copies are to be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
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.
CUSIP No. P8744Y 10 2
--------------------------------------------------------------------------------
1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NOS. OF ABOVE PERSON
Clive E. Warshaw
--------------------------------------------------------------------------------
2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) [ ]
(b) [ ]
--------------------------------------------------------------------------------
3 SEC USE ONLY
--------------------------------------------------------------------------------
4 SOURCE OF FUNDS (SEE INSTRUCTIONS)
Not applicable.
--------------------------------------------------------------------------------
5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS [ ]
IS REQUIRED PURSUANT TO ITEM 2(d) or 2(e)
--------------------------------------------------------------------------------
6 CITIZENSHIP OR PLACE OF ORGANIZATION
United Kingdom
--------------------------------------------------------------------------------
7
Number of
Shares Beneficially
Owned by Each
Reporting Person
With
SOLE VOTING POWER
1,527,612*
--------------------------------------------------------------------------------
8 SHARED VOTING POWER
0
--------------------------------------------------------------------------------
9 SOLE DISPOSITIVE POWER
1,527,612*
--------------------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
--------------------------------------------------------------------------------
(*) The beneficial ownership reported herein for the Reporting Person includes
167,366 shares issuable upon exercise of currently exercisable options granted
under the issuer's Amended and Restated 1996 Share Option and Incentive Plan
(the "Option Plan")
--------------------------------------------------------------------------------
11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
1,527,612*
--------------------------------------------------------------------------------
(*) The beneficial ownership reported herein for the Reporting Person includes
167,366 shares issuable upon exercise of currently exercisable options granted
under the Option Plan.
--------------------------------------------------------------------------------
12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW(11) EXCLUDES CERTAIN
SHARES (SEE INSTRUCTIONS) [x]
--------------------------------------------------------------------------------
13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
8.23%.
--------------------------------------------------------------------------------
14 TYPE OF REPORTING PERSON
IN
--------------------------------------------------------------------------------
INTRODUCTORY NOTE
This Amendment No. 10 to Schedule 13D amends the Initial Statement on Schedule
13D of Clive E. Warshaw (the "Reporting Person"), dated September 22, 1997, as
amended by Amendment No. 1, dated May 31, 1998, Amendment No. 2, dated September
15, 1998, Amendment No. 3, dated November 4, 1998, Amendment No. 4 dated March
1, 1999, Amendment No. 5 dated March 30, 1999, Amendment No. 6 dated January 21,
2004, Amendment No. 7 dated May 11, 2004, Amendment No. 8 dated August 18, 2004
and Amendment No. 9 dated November 26, 2004 (as so amended, the "Amended 13D"),
to reflect sales by the Reporting Person of common shares, $0.01 par value per
share (the "Common Shares"), of Steiner Leisure Limited (the "Company") pursuant
to a sales plan dated March 15, 2004 (the "2004 Sales Plan") established by the
Reporting Person under Rule 10b5-1(c) under the Act, a sale of 420,000 Common
Shares by the Reporting Person to the Company and certain other information.
Except as set forth below, no amendment is being made hereby to the Amended 13D.
ITEM 4. PURPOSE OF TRANSACTION.
The Reporting Person made the sales of Common Shares disclosed in Item 5(c) for
estate planning purposes and to provide for personal asset liquidity. The 2004
Sales Plan commenced on May 4, 2004 and was discontinued as of March 15, 2005.
The Reporting Person currently intends to not effectuate any additional sales of
Common Shares (including through the exercise of options and subsequent sale of
Common Shares) through December 31, 2005. The Reporting Person currently intends
not to sell any of the Common Shares he owns for the foreseeable future after
that date, although the Reporting Person will consider exercising some of the
Common Share options he owns and selling the underlying Common Shares beginning
in 2006.
ITEM 5. INTEREST IN SECURITIES OF THE ISSUER.
Items 5(a) and 5(b). As of March 15, 2005, the Reporting Person, the Chairman of
the Board of the Company, beneficially owned and had sole voting and dispositive
power with respect to 1,527,612 Common Shares, representing 8.23% of the
outstanding Common Shares. That amount includes 167,366 Common Shares issuable
upon exercise of options owned by the Reporting Person, which options are
currently exercisable. That amount excludes 64,745 Common Shares issuable upon
exercise of options owned by Michele Steiner Warshaw, a director of the Company,
an officer of a subsidiary of the Company and the wife of the Reporting Person,
which options are currently exercisable, and as to which the Reporting Person
disclaims beneficial ownership.
Item 5(c). During the 60 day period prior to the date of this Schedule 13D, the
Reporting Person, under the 2004 Sales Plan, (i) purchased 40,000 shares
pursuant to the exercise of Common Share options, using proceeds from the
subsequent sale of the underlying shares to pay the option exercise price, (ii)
sold 40,000 shares issued upon exercise of the foregoing options and (iii) sold
an additional 40,000 Common Shares in
open market transactions, as set forth below. In addition, during that 60 day
period, the Reporting Person sold 420,000 Common Shares to the Company (the
"Company Sale") as set forth below. The 2004 Sales Plan and the Company Sale are
further described under Item 6.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Purchase 01/18/2005 5000 10.55*
Sale 01/18/2005 64 $31.32
Sale 01/18/2005 356 $31.39
Sale 01/18/2005 400 $31.43
Sale 01/18/2005 200 $31.38
Sale 01/18/2005 100 $31.5
Sale 01/18/2005 100 $31.3
Sale 01/18/2005 300 $31.26
Sale 01/18/2005 200 $31.48
Sale 01/18/2005 200 $31.44
Sale 01/18/2005 600 $31.42
Sale 01/18/2005 200 $31.51
Sale 01/18/2005 100 $31.45
Sale 01/18/2005 100 $31.4
Sale 01/18/2005 100 $31.54
Sale 01/18/2005 100 $31.22
Sale 01/18/2005 100 $31.17
Sale 01/18/2005 100 $31.08
Sale 01/18/2005 80 $31.58
Sale 01/18/2005 68 $31.83
Sale 01/18/2005 32 $31.85
Sale 01/18/2005 200 $31.37
Sale 01/18/2005 200 $31.42
Sale 01/18/2005 200 $31.36
Sale 01/18/2005 200 $30.89
Sale 01/18/2005 200 $31.2
Sale 01/18/2005 400 $31.46
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 01/18/2005 100 $31.19
Purchase 01/19/2005 5000 $10.55*
Sale 01/19/2005 300 $32.68
Sale 01/19/2005 63 $31.31
Sale 01/19/2005 200 $31.61
Sale 01/19/2005 100 $31.32
Sale 01/19/2005 100 $31.58
Sale 01/19/2005 100 $31.6
Sale 01/19/2005 300 $31.63
Sale 01/19/2005 2 $31.66
Sale 01/19/2005 200 $31.82
Sale 01/19/2005 35 $31.85
Sale 01/19/2005 100 $31.98
Sale 01/19/2005 300 $32.26
Sale 01/19/2005 100 $32.39
Sale 01/19/2005 200 $32.75
Sale 01/19/2005 100 $32.23
Sale 01/19/2005 100 $32.38
Sale 01/19/2005 100 $32.87
Sale 01/19/2005 100 $32.9
Sale 01/19/2005 100 $33.09
Sale 01/19/2005 100 $32.93
Sale 01/19/2005 100 $32.91
Sale 01/19/2005 100 $32.8
Sale 01/19/2005 100 $32.22
Sale 01/19/2005 200 $32.02
Sale 01/19/2005 100 $32
Sale 01/19/2005 100 $31.75
Sale 01/19/2005 100 $31.51
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 01/19/2005 100 $31.48
Sale 01/19/2005 100 $31.35
Sale 01/19/2005 100 $31.34
Sale 01/19/2005 200 $31.77
Sale 01/19/2005 200 $31.85
Sale 01/19/2005 200 $32.19
Sale 01/19/2005 200 $31.23
Sale 01/19/2005 100 $32.81
Sale 01/19/2005 100 $32.96
Sale 01/19/2005 200 $31.54
Purchase 01/25/2005 5000 $10.55*
Sale 01/25/2005 100 $29.58
Sale 01/25/2005 100 $29.52
Sale 01/25/2005 36 $29.51
Sale 01/25/2005 200 $29.54
Sale 01/25/2005 100 $29.57
Sale 01/25/2005 100 $29.61
Sale 01/25/2005 100 $29.48
Sale 01/25/2005 100 $29.46
Sale 01/25/2005 100 $29.46
Sale 01/25/2005 100 $29.39
Sale 01/25/2005 200 $29.37
Sale 01/25/2005 100 $29.4
Sale 01/25/2005 100 $29.32
Sale 01/25/2005 100 $29.29
Sale 01/25/2005 100 $29.65
Sale 01/25/2005 41 $29.66
Sale 01/25/2005 100 $29.68
Sale 01/25/2005 100 $29.88
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 01/25/2005 200 $29.79
Sale 01/25/2005 100 $29.74
Sale 01/25/2005 100 $29.77
Sale 01/25/2005 23 $29.73
Sale 01/25/2005 100 $29.72
Sale 01/25/2005 100 $29.75
Sale 01/25/2005 100 $29.78
Sale 01/25/2005 194 $30.02
Sale 01/25/2005 100 $30
Sale 01/25/2005 100 $29.86
Sale 01/25/2005 200 $29.85
Sale 01/25/2005 100 $29.91
Sale 01/25/2005 100 $29.89
Sale 01/25/2005 200 $29.56
Sale 01/25/2005 200 $29.47
Sale 01/25/2005 6 $29.95
Sale 01/25/2005 400 $29.74
Sale 01/25/2005 200 $29.8
Sale 01/25/2005 200 $29.86
Sale 01/25/2005 100 $29.5
Sale 01/25/2005 100 $29.25
Sale 01/25/2005 100 $29.81
Sale 01/25/2005 100 $29.82
Purchase 01/26/2005 5000 $10.55*
Sale 01/26/2005 300 $29.92
Sale 01/26/2005 105 $30.06
Sale 01/26/2005 300 $30.07
Sale 01/26/2005 100 $30.1
Sale 01/26/2005 100 $30.14
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 01/26/2005 300 $30.02
Sale 01/26/2005 100 $29.98
Sale 01/26/2005 100 $29.93
Sale 01/26/2005 100 $29.91
Sale 01/26/2005 100 $30.01
Sale 01/26/2005 400 $30
Sale 01/26/2005 300 $29.9
Sale 01/26/2005 100 $30.03
Sale 01/26/2005 600 $30.15
Sale 01/26/2005 400 $30.13
Sale 01/26/2005 100 $30.19
Sale 01/26/2005 100 $30.11
Sale 01/26/2005 100 $30.08
Sale 01/26/2005 95 $30.05
Sale 01/26/2005 126 $29.81
Sale 01/26/2005 74 $30.09
Sale 01/26/2005 400 $29.98
Sale 01/26/2005 200 $29.63
Sale 01/26/2005 200 $29.96
Sale 01/26/2005 100 $30.2
Sale 01/26/2005 100 $30.12
Purchase 02/01/2005 5000 $10.55*
Sale 02/01/2005 200 $30.14
Sale 02/01/2005 126 $30.1
Sale 02/01/2005 100 $30.19
Sale 02/01/2005 100 $30.3
Sale 02/01/2005 100 $30.32
Sale 02/01/2005 100 $30.45
Sale 02/01/2005 400 $30.43
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/01/2005 100 $30.13
Sale 02/01/2005 300 $30.34
Sale 02/01/2005 200 $30.51
Sale 02/01/2005 200 $31.19
Sale 02/01/2005 100 $31.18
Sale 02/01/2005 100 $31.3
Sale 02/01/2005 100 $31.09
Sale 02/01/2005 100 $30.88
Sale 02/01/2005 200 $30.92
Sale 02/01/2005 100 $30.76
Sale 02/01/2005 100 $30.63
Sale 02/01/2005 200 $30.95
Sale 02/01/2005 100 $30.8
Sale 02/01/2005 100 $30.96
Sale 02/01/2005 200 $30.79
Sale 02/01/2005 100 $30.54
Sale 02/01/2005 100 $30.42
Sale 02/01/2005 100 $30.75
Sale 02/01/2005 100 $30.71
Sale 02/01/2005 100 $30.68
Sale 02/01/2005 100 $30.67
Sale 02/01/2005 100 $31
Sale 02/01/2005 100 $30.97
Sale 02/01/2005 300 $30.98
Sale 02/01/2005 200 $30.42
Sale 02/01/2005 60 $30.31
Sale 02/01/2005 100 $30.89
Sale 02/01/2005 100 $30.7
Sale 02/01/2005 114 $30.9
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Purchase 02/02/2005 5000 $10.55*
Sale 02/02/2005 99 $30.82
Sale 02/02/2005 200 $30.76
Sale 02/02/2005 100 $30.95
Sale 02/02/2005 200 $30.8
Sale 02/02/2005 300 $30.7
Sale 02/02/2005 100 $30.69
Sale 02/02/2005 100 $30.78
Sale 02/02/2005 100 $30.81
Sale 02/02/2005 300 $30.87
Sale 02/02/2005 100 $30.89
Sale 02/02/2005 100 $30.73
Sale 02/02/2005 200 $30.65
Sale 02/02/2005 100 $30.75
Sale 02/02/2005 200 $30.62
Sale 02/02/2005 100 $30.59
Sale 02/02/2005 100 $30.49
Sale 02/02/2005 100 $30.48
Sale 02/02/2005 101 $30.44
Sale 02/02/2005 100 $30.38
Sale 02/02/2005 200 $30.34
Sale 02/02/2005 92 $30.26
Sale 02/02/2005 8 $30.29
Sale 02/02/2005 300 $30.47
Sale 02/02/2005 200 $30.76
Sale 02/02/2005 200 $30.59
Sale 02/02/2005 200 $30.54
Sale 02/02/2005 200 $30.57
Sale 02/02/2005 200 $30.51
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/02/2005 200 $30.56
Sale 02/02/2005 200 $30.71
Sale 02/02/2005 100 $30.66
Sale 02/02/2005 200 $30.47
Purchase 02/08/2005 5000 $10.55*
Sale 02/08/2005 300 $31.85
Sale 02/08/2005 226 $31.8
Sale 02/08/2005 100 $31.66
Sale 02/08/2005 69 $31.7
Sale 02/08/2005 100 $31.67
Sale 02/08/2005 300 $31.85
Sale 02/08/2005 100 $31.91
Sale 02/08/2005 100 $31.89
Sale 02/08/2005 150 $31.94
Sale 02/08/2005 100 $31.97
Sale 02/08/2005 100 $31.86
Sale 02/08/2005 100 $31.92
Sale 02/08/2005 100 $31.93
Sale 02/08/2005 100 $31.87
Sale 02/08/2005 100 $31.72
Sale 02/08/2005 100 $31.61
Sale 02/08/2005 100 $31.64
Sale 02/08/2005 200 $31.51
Sale 02/08/2005 300 $31.44
Sale 02/08/2005 200 $31.42
Sale 02/08/2005 100 $31.62
Sale 02/08/2005 100 $31.24
Sale 02/08/2005 200 $31.59
Sale 02/08/2005 100 $31.55
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/08/2005 200 $31.04
Sale 02/08/2005 70 $31.34
Sale 02/08/2005 100 $31.02
Sale 02/08/2005 100 $31.99
Sale 02/08/2005 100 $31.09
Sale 02/08/2005 300 $31.51
Sale 02/08/2005 200 $31.69
Sale 02/08/2005 285 $31.88
Sale 02/08/2005 100 $31.52
Sale 02/08/2005 100 $31.6
Purchase 02/09/2005 5000 $10.55*
Sale 02/09/2005 100 $33.3
Sale 02/09/2005 100 $33.28
Sale 02/09/2005 100 $33.19
Sale 02/09/2005 200 $33.07
Sale 02/09/2005 200 $32.99
Sale 02/09/2005 200 $32.97
Sale 02/09/2005 100 $32.81
Sale 02/09/2005 300 $33.08
Sale 02/09/2005 100 $33.13
Sale 02/09/2005 100 $33.11
Sale 02/09/2005 100 $33.09
Sale 02/09/2005 300 $33.1
Sale 02/09/2005 100 $33.04
Sale 02/09/2005 100 $32.98
Sale 02/09/2005 200 $32.89
Sale 02/09/2005 100 $32.7
Sale 02/09/2005 100 $32.43
Sale 02/09/2005 100 $32.35
* This is an option exercisable.
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/09/2005 100 $32.28
Sale 02/09/2005 100 $32.23
Sale 02/09/2005 100 $32.25
Sale 02/09/2005 100 $32.12
Sale 02/09/2005 100 $32.06
Sale 02/09/2005 100 $31.8
Sale 02/09/2005 290 $33.29
Sale 02/09/2005 200 $32.91
Sale 02/09/2005 200 $32.87
Sale 02/09/2005 200 $32.3
Sale 02/09/2005 200 $31.88
Sale 02/09/2005 310 $33
Sale 02/09/2005 100 $33.01
Sale 02/09/2005 100 $32.3
Sale 02/09/2005 100 $33.25
Sale 02/09/2005 100 $32.39
Sale 02/15/2005 100 $33.71
Sale 02/15/2005 15 $33.7
Sale 02/15/2005 100 $33.69
Sale 02/15/2005 200 $33.82
Sale 02/15/2005 400 $33.85
Sale 02/15/2005 200 $33.88
Sale 02/15/2005 100 $33.91
Sale 02/15/2005 200 $33.92
Sale 02/15/2005 100 $33.96
Sale 02/15/2005 345 $33.99
Sale 02/15/2005 100 $34.04
Sale 02/15/2005 500 $34.06
Sale 02/15/2005 200 $34.07
Sale 02/15/2005 440 $34.08
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/15/2005 200 $34.09
Sale 02/15/2005 100 $34.03
Sale 02/15/2005 100 $34.1
Sale 02/15/2005 100 $33.97
Sale 02/15/2005 200 $33.98
Sale 02/15/2005 200 $33.78
Sale 02/15/2005 200 $33.84
Sale 02/15/2005 200 $33.8
Sale 02/15/2005 200 $33.93
Sale 02/15/2005 100 $33.8
Sale 02/15/2005 400 $34.05
Sale 02/16/2005 400 $33.8
Sale 02/16/2005 384 $33.8
Sale 02/16/2005 100 $33.81
Sale 02/16/2005 200 $33.82
Sale 02/16/2005 400 $33.88
Sale 02/16/2005 400 $33.87
Sale 02/16/2005 300 $33.85
Sale 02/16/2005 200 $33.86
Sale 02/16/2005 71 $33.99
Sale 02/16/2005 300 $33.98
Sale 02/16/2005 100 $33.94
Sale 02/16/2005 100 $33.91
Sale 02/16/2005 100 $33.84
Sale 02/16/2005 100 $34.02
Sale 02/16/2005 100 $33.79
Sale 02/16/2005 45 $33.6
Sale 02/16/2005 100 $33.67
Sale 02/16/2005 100 $33.66
Sale 02/16/2005 300 $33.59
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/16/2005 200 $33.85
Sale 02/16/2005 200 $33.81
Sale 02/16/2005 200 $33.99
Sale 02/16/2005 200 $33.94
Sale 02/16/2005 200 $33.67
Sale 02/16/2005 100 $33.93
Sale 02/16/2005 100 $33.71
Sale 02/22/2005 148 $33.93
Sale 02/22/2005 200 $33.79
Sale 02/22/2005 100 $33.99
Sale 02/22/2005 100 $33.94
Sale 02/22/2005 65 $33.95
Sale 02/22/2005 100 $34.12
Sale 02/22/2005 100 $34.3
Sale 02/22/2005 300 $34.37
Sale 02/22/2005 400 $34.39
Sale 02/22/2005 400 $34.41
Sale 02/22/2005 400 $34.4
Sale 02/22/2005 100 $34.46
Sale 02/22/2005 87 $34.38
Sale 02/22/2005 100 $34.34
Sale 02/22/2005 100 $34.25
Sale 02/22/2005 100 $34.35
Sale 02/22/2005 100 $34.48
Sale 02/22/2005 100 $34.16
Sale 02/22/2005 100 $34.17
Sale 02/22/2005 100 $34.07
Sale 02/22/2005 100 $34.27
Sale 02/22/2005 300 $34.26
Sale 02/22/2005 200 $34.25
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 02/22/2005 200 $34.42
Sale 02/22/2005 200 $34.36
Sale 02/22/2005 200 $34.35
Sale 02/22/2005 400 $34.28
Sale 02/22/2005 200 $34.32
Sale 02/23/2005 240 $34.04
Sale 02/23/2005 300 $33.95
Sale 02/23/2005 100 $33.96
Sale 02/23/2005 400 $33.93
Sale 02/23/2005 100 $34.01
Sale 02/23/2005 300 $33.89
Sale 02/23/2005 400 $33.9
Sale 02/23/2005 500 $33.88
Sale 02/23/2005 200 $33.83
Sale 02/23/2005 300 $33.86
Sale 02/23/2005 160 $33.87
Sale 02/23/2005 200 $33.84
Sale 02/23/2005 300 $33.85
Sale 02/23/2005 100 $33.94
Sale 02/23/2005 100 $33.92
Sale 02/23/2005 100 $34.25
Sale 02/23/2005 200 $33.94
Sale 02/23/2005 200 $33.87
Sale 02/23/2005 500 $33.81
Sale 02/23/2005 200 $33.88
Sale 02/23/2005 100 $33.91
Sale 03/01/2005 300 $32.92
Sale 03/01/2005 200 $32.96
Sale 03/01/2005 200 $32.88
Sale 03/01/2005 100 $32.81
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 03/01/2005 300 $32.85
Sale 03/01/2005 300 $32.69
Sale 03/01/2005 146 $33.04
Sale 03/01/2005 100 $33.07
Sale 03/01/2005 100 $33.16
Sale 03/01/2005 200 $32.93
Sale 03/01/2005 300 $32.89
Sale 03/01/2005 100 $32.78
Sale 03/01/2005 200 $32.87
Sale 03/01/2005 100 $32.75
Sale 03/01/2005 100 $32.88
Sale 03/01/2005 200 $32.95
Sale 03/01/2005 100 $32.77
Sale 03/01/2005 154 $32.91
Sale 03/01/2005 100 $32.9
Sale 03/01/2005 100 $32.69
Sale 03/01/2005 600 $32.94
Sale 03/01/2005 200 $32.7
Sale 03/01/2005 200 $32.95
Sale 03/01/2005 100 $33.1
Sale 03/01/2005 100 $32.99
Sale 03/01/2005 200 $32.94
Sale 03/01/2005 200 $32.97
Sale 03/02/2005 275 $34.53
Sale 03/02/2005 200 $34.85
Sale 03/02/2005 100 $34.89
Sale 03/02/2005 200 $34.77
Sale 03/02/2005 100 $34.76
Sale 03/02/2005 100 $34.64
Sale 03/02/2005 200 $34.49
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 03/02/2005 40 $34.57
Sale 03/02/2005 100 $34.54
Sale 03/02/2005 100 $34.41
Sale 03/02/2005 100 $34.34
Sale 03/02/2005 52 $34.31
Sale 03/02/2005 100 $34.33
Sale 03/02/2005 100 $34.49
Sale 03/02/2005 100 $33.74
Sale 03/02/2005 100 $33.62
Sale 03/02/2005 100 $33.57
Sale 03/02/2005 100 $33.52
Sale 03/02/2005 100 $33.49
Sale 03/02/2005 33 $33.45
Sale 03/02/2005 100 $33.39
Sale 03/02/2005 200 $33.27
Sale 03/02/2005 100 $33.26
Sale 03/02/2005 100 $33.2
Sale 03/02/2005 100 $33.1
Sale 03/02/2005 100 $33.32
Sale 03/02/2005 200 $32.9
Sale 03/02/2005 100 $32.89
Sale 03/02/2005 100 $32.79
Sale 03/02/2005 100 $32.77
Sale 03/02/2005 100 $32.75
Sale 03/02/2005 100 $32.74
Sale 03/02/2005 200 $32.72
Sale 03/02/2005 300 $32.66
Sale 03/02/2005 200 $32.61
Sale 03/02/2005 100 $32.67
Sale 03/02/2005 100 $34.66
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 03/02/2005 100 $34.3
Sale 03/02/2005 100 $33.47
Sale 03/02/2005 100 $32.83
Sale 03/02/2005 100 $33.89
Sale 03/08/2005 200 $35.09
Sale 03/08/2005 200 $35.08
Sale 03/08/2005 100 $35.02
Sale 03/08/2005 700 $34.98
Sale 03/08/2005 17 $35.03
Sale 03/08/2005 100 $35.01
Sale 03/08/2005 14 $34.95
Sale 03/08/2005 200 $34.85
Sale 03/08/2005 100 $34.9
Sale 03/08/2005 200 $34.84
Sale 03/08/2005 700 $34.82
Sale 03/08/2005 400 $34.83
Sale 03/08/2005 300 $34.86
Sale 03/08/2005 500 $35.06
Sale 03/08/2005 669 $35.07
Sale 03/08/2005 600 $35.05
Sale 03/09/2005 300 $35.51
Sale 03/09/2005 400 $35.21
Sale 03/09/2005 110 $36.21
Sale 03/09/2005 100 $36.36
Sale 03/09/2005 400 $36.33
Sale 03/09/2005 300 $36.3
Sale 03/09/2005 200 $36.27
Sale 03/09/2005 100 $36.29
Sale 03/09/2005 100 $36.25
Sale 03/09/2005 100 $36.31
TRANSACTION TRANSACTION
TYPE DATE QUANTITY PRICE ($)
Sale 03/09/2005 100 $36.28
Sale 03/09/2005 100 $36.22
Sale 03/09/2005 100 $36.14
Sale 03/09/2005 200 $36.02
Sale 03/09/2005 50 $35.99
Sale 03/09/2005 140 $36.04
Sale 03/09/2005 300 $36.06
Sale 03/09/2005 100 $36.07
Sale 03/09/2005 100 $36.2
Sale 03/09/2005 200 $36.09
Sale 03/09/2005 200 $36.04
Sale 03/09/2005 100 $35.83
Sale 03/09/2005 100 $35.85
Sale 03/09/2005 100 $35.78
Sale 03/09/2005 100 $35.53
Sale 03/09/2005 200 $35.55
Sale 03/09/2005 100 $35.13
Sale 03/09/2005 200 $36.4
Sale 03/09/2005 100 $36.18
Sale 03/09/2005 200 $35.14
Sale 03/15/2005 420,000 35.77
ITEM 6. CONTRACTS, ARRANGEMENTS, UNDERSTANDINGS OR RELATIONSHIPS WITH RESPECT TO
SECURITIES OF THE ISSUER.
The 2004 Sales Plan is reflected in a document dated March 15, 2004 and executed
by the Reporting Person and Goldman Sachs & Co., providing for sales of up to
10,000 Common Shares per week, up to a total of 520,000 Common Shares,
commencing May 4, 2004 until and including May 2, 2005 and requiring as a
condition to each sale a minimum sales price per share of $15.00 per share.
Through the date hereof, the Reporting Person has sold a total of 450,000 Common
Shares under the 2004 Sales Plan. A copy of the 2004 Sales Plan is attached as
an exhibit to Amendment No. 7 to Schedule 13D dated May 11, 2004. The sale by
Mr. Warshaw on March 15, 2005 of 420,000 Common Shares to the Company was
effectuated as part of the Company's Common Share repurchase plan. The purchase
price of $35.77 per share was negotiated by the parties and was based on a
discount of $0.10 per share from the closing price of the Common Shares on March
14, 2005.
ITEM 7. MATERIAL TO BE FILED AS EXHIBITS
N/A
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this statement is true, complete and correct.
Date: March 17, 2005
-------------------------------------------------------------------------------
Signature: /s/ Clive E. Warshaw
-------------------------------------------------------------------------------
Name/Title: Clive E. Warshaw, Chairman