SEC Form 4 · accession 0001567619-17-000360
L3 TECHNOLOGIES, INC. · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Dambrosio
Officer — Senior VP & CFO
Period of report
Feb 28, 2017
Accepted (ET)
Mar 1, 2017 · 4:27 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 | Feb 28, 2017 | M | 4,000 | $92.31 | A | 51,731 | D | |
| Common StockF2,F1 | Feb 28, 2017 | S | 4,000 | $168.12 | D | 47,731 | D | |
| Common StockF1 | Feb 28, 2017 | M | 4,000 | $67.49 | A | 51,731 | D | |
| Common StockF3,F1 | Feb 28, 2017 | S | 4,000 | $167.96 | D | 47,731 | 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 | Feb 28, 2017 | M | 4,000 | D | — | Jul 29, 2018 | Common Stock | 4,000 | 5,000 | D |
| 2/22/2012 Employee Stock Option (Right to Buy)F4 | $67.49 | Feb 28, 2017 | M | 4,000 | D | — | Feb 22, 2022 | Common Stock | 4,000 | 16,978 | D |
Explanation of responses
- F1Does not include shares issuable upon the exercise of options.
- F2Represents weighted average sale price for price increments ranging from $168.12 to $168.14. 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.
- F3Represents weighted average sale price for price increments ranging from $167.93 to $167.97. 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.