President & CEO Hendricks William Andrew Jr converted options into 97,333 shares, returned $1,051,196 worth of shares to the company (97,333 units at $10.80), sold $2,962,500 worth of shares (250,000 units at $11.85), was granted 232,900 shares and covered exercise/tax liability with 53,989 shares, decreasing direct ownership by 2% to 2,823,103 units (SEC Form 4) to satisfy tax liability