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VLG » Topics » Common Stock Ownership of Directors, Nominees and Officers

This excerpt taken from the VLG DEF 14A filed Oct 2, 2006.
Common Stock Ownership of Directors, Nominees and Officers
 
The following table sets forth information regarding the number of outstanding shares of Common Stock as of September 19, 2006 beneficially owned by each director and director nominee, each Named Executive Officer (as defined under the heading “Executive Compensation — Summary Compensation Table”) and all of the directors and executive officers of the Company as a group:
 
                 
          Percent of
 		 
    Number of Shares
 		    Common Stock
 		 
Name of Beneficial Owner
  Beneficially Owned     Outstanding(1)  
 
Gary E. West (2)
    7,016,600       71.5 %
William A. Indelicato (3)
    91,366       *  
Gerald W. Zehala (4)
    51,268       *  
Ben Exley, IV (3)
    14,100       *  
James P. Hart (7)
    77,200       *  
August E. Maier (5)
    13,500       *  
F. Walter Riebenack (6)
    34,300       *  
All directors and executive officers as a group (7 persons) (8)
    7,298,334       74.3  
 
 
*  Represents beneficial ownership of less than one percent.
 
(1) Percentages are determined in accordance with Rule 13d-3 under the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and are based on 9,678,934 shares of common stock outstanding as of September 19, 2006.
 
(2) Gary E. West beneficially owns and controls a portion of the shares indicated through two grantor retained annuity trusts.
 
(3) Includes options to purchase 12,500 shares of Common Stock exercisable within 60 days of September 19, 2006.
 
(4) Includes options to purchase 34,000 shares of Common Stock exercisable within 60 days of September 19, 2006.
 
(5) Includes options to purchase 11,500 shares of Common Stock exercisable within 60 days of September 19, 2006.
 
(6) Includes options to purchase 6,500 shares of Common Stock exercisable within 60 days of September 19, 2006.
 
(7) Includes options to purchase 62,500 shares of Common Stock exercisable within 60 days of September 19, 2006.
 
(8) Includes options to purchase an aggregate of 139,500 shares of Common Stock exercisable within 60 days of September 19, 2006.
 
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