SEC Form 4 · accession 0001127602-18-012841

L3 TECHNOLOGIES, INC. · LLL

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Michael T Strianese

Officer — Chairman of the Board · Director

Period of report

Mar 26, 2018

Accepted (ET)

Mar 27, 2018 · 4:12 pm EDT

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0001039101

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock^F1,F2	Mar 26, 2018	M	39,515	$86.41	A	176,075	D
Common Stock^F3,F1,F2	Mar 26, 2018	S	10,215	$204.51	D	165,860	D
Common Stock^F4,F1,F2	Mar 26, 2018	S	14,200	$205.27	D	151,660	D
Common Stock^F5,F1,F2	Mar 26, 2018	S	10,299	$206.37	D	141,361	D
Common Stock^F6,F1,F2	Mar 26, 2018	S	4,801	$207.24	D	136,560	D

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
2/23/2010 Employee Stock Option (Right to Buy)^F7	$86.41	Mar 26, 2018	M	39,515	D	—	Feb 23, 2020	Common Stock	39,515	66,731	D

Explanation of responses

F1Does not include shares issuable upon the exercise of options.
F2The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F3Represents weighted average sale price for price increments ranging from $203.83 to $204.80. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F4Represents weighted average sale price for price increments ranging from $204.84 to $205.83. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F5Represents weighted average sale price for price increments ranging from $205.85 to $206.83. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F6Represents weighted average sale price for price increments ranging from $206.86 to $207.72. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each separate price.
F7This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.