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 Options | 02/24/2000 | 02/24/2010 | Common Stock | 4,789 | $ 4.33 | D | Â |
Non-Qualified Stock Options | 02/01/2001 | 02/01/2011 | Common Stock | 120 | $ 3.85 | D | Â |
Non-Qualified Stock Options | 02/07/2002 | 02/07/2012 | Common Stock | 120 | $ 3.01 | D | Â |
Non-Qualified Stock Options | 12/10/2002 | 12/10/2012 | Common Stock | 120 | $ 3.93 | D | Â |
Non-Qualified Stock Options | Â (3) | 06/26/2013 | Common Stock | 85,000 | $ 11.08 | D | Â |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Duquette Donald R GENERAL PHYSICS CORPORATION 6095 MARSHALEE DRIVE, SUITE 300 ELKRIDGE, MD 21075 |
 |  |  | SVP of principal subsidiary |
Donald R. Duquette | 07/11/2008 | |
**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) | Includes 6,400 shares of restricted stock awarded pursuant to the Registrant's 2003 Incentive Stock Plan and subject to vesting. |
(2) | Shares held in GP 401(k) Retirement Savings Plan based on a plan statement as of June 30, 2008. |
(3) | Grant of stock options under the Registrant's 2003 Incentive Stock Plan with the following vesting schedule: 10% on June 26, 2008; 15% on June 26, 2009; 20% on June 26, 2010; 25% on June 26, 2011; and the remaining 30% on June 26, 2012. |
 Remarks: Effective July 1, 2008, the Registrant's Board of Directors designated Donald R. Duquette as a reporting person of the Registrant for purposes of complying with Section 16(a) of the Exchange Act. Mr. Duquette is a Senior Vice President of the Registrant's principal operating subsidiary, General Physics Corporation (GPC), and is in charge of a principal business unit of GPC. |