SEC Form 4 · accession 0001140361-18-018079

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

Apr 9, 2018

Accepted (ET)

Apr 10, 2018 · 5:36 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	Apr 9, 2018	M	27,216	$86.41	A	163,776	D
Common Stock^F3,F1,F2	Apr 9, 2018	S	600	$208.61	D	163,176	D
Common Stock^F4,F1,F2	Apr 9, 2018	S	23,303	$209.56	D	139,873	D
Common Stock^F5,F1,F2	Apr 9, 2018	S	3,313	$210.20	D	136,560	D
Common Stock^F1,F2	Apr 9, 2018	M	12,299	$67.49	A	148,859	D
Common Stock^F6,F1,F2	Apr 9, 2018	S	3,700	$209.23	D	145,159	D
Common Stock^F7,F1,F2	Apr 9, 2018	S	8,499	$209.77	D	136,660	D
Common Stock^F1,F2	Apr 9, 2018	S	100	$210.50	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)^F8	$86.41	Apr 9, 2018	M	27,216	D	—	Feb 23, 2020	Common Stock	27,216	0	D
2/22/2012 Employee Stock Option (Right to Buy)^F8	$67.49	Apr 9, 2018	M	12,299	D	—	Feb 22, 2022	Common Stock	12,299	14,229	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 $207.99 to $208.91. 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 $209.00 to $210.00. 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 $210.01 to $210.57. 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 $208.42 to $209.41. 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 $209.43 to $210.40. 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.
F8This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.