SEC Form 4 · accession 0001140361-17-033174
L3 TECHNOLOGIES, INC. · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Dambrosio
Officer — See Remarks
Period of report
Aug 23, 2017
Accepted (ET)
Aug 24, 2017 · 4:01 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 | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Aug 23, 2017 | M | 5,000 | $92.31 | A | 52,819 | D | |
| Common StockF3,F1 | Aug 23, 2017 | S | 5,000 | $180.23 | D | 47,819 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 7/29/2008 Employee Stock Option (Right to Buy)F4 | $92.31 | Aug 23, 2017 | M | 5,000 | D | — | Jul 29, 2018 | Common Stock | 5,000 | 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 $180.13 to $180.32. 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.
- F4This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.
Remarks
Senior Vice President and Chief Financial Officer