SEC Form 4 · accession 0001127602-19-010577
L3 TECHNOLOGIES, INC. · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Todd W. Gautier
Officer — See Remarks
Period of report
Mar 7, 2019
Accepted (ET)
Mar 8, 2019 · 4:04 pm EST
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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 7, 2019 | M | 7,438 | $129.31 | A | 17,838 | D | |
| Common StockF3,F1 | Mar 7, 2019 | S | 7,438 | $205.69 | D | 10,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2/17/2015 Employee Stock Option (Right to Buy)F4 | $129.31 | Mar 7, 2019 | M | 7,438 | D | — | Feb 17, 2025 | Common Stock | 7,438 | 0 | D |
Explanation of responses
- F1Does not include shares issuable upon the exercise of options.
- F2Reflects additional shares acquired through the Company's Master Savings (401(k)) Plan.
- F3Represents weighted average sale price for price increments ranging from $205.63 to $205.89. 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.
- F4These options vest in equal one-third increments beginning on the one-year anniversary of the grant date.
Remarks
Senior Vice President and President of Electronic Systems Segment