SEC Form 4 · accession 0001140361-18-013293

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 12, 2018

Accepted (ET)

Mar 13, 2018 · 4:57 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 12, 2018	M	39,515	$86.41	A	176,062	D
Common Stock^F3,F1,F2	Mar 12, 2018	S	14,189	$204.29	D	161,873	D
Common Stock^F4,F1,F2	Mar 12, 2018	S	12,523	$205.13	D	149,350	D
Common Stock^F5,F1,F2	Mar 12, 2018	S	5,589	$206.10	D	143,761	D
Common Stock^F6,F1,F2	Mar 12, 2018	S	3,082	$207.41	D	140,679	D
Common Stock^F7,F1,F2	Mar 12, 2018	S	1,832	$208.20	D	138,847	D
Common Stock^F8,F1,F2	Mar 12, 2018	S	2,300	$209.37	D	136,547	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)^F9	$86.41	Mar 12, 2018	M	39,515	D	—	Feb 23, 2020	Common Stock	39,515	145,761	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 $203.73 to $204.73. 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 $204.74 to $205.74. 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 $205.77 to $206.77. 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 $206.79 to $207.79. 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.
F7Represents weighted average sale price for price increments ranging from $207.82 to $208.62. 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.
F8Represents weighted average sale price for price increments ranging from $209.05 to $210.02. 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.
F9This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.