SEC Form 4 · accession 0000899243-16-013531
L 3 COMMUNICATIONS HOLDINGS INC · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Ralph Dambrosio
Officer — SVP and CFO
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 4:40 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001056239
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2,F3 | Feb 16, 2016 | A | 5,800 | $0.00 | A | 46,010 | D | |
| Common StockF4,F3 | Feb 16, 2016 | A | 3,561 | $0.00 | A | 49,571 | D | |
| Common StockF5,F3 | Feb 16, 2016 | F | 1,317 | $116.20 | D | 48,254 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 02/16/16 Employee Stock Option (Right to Buy)F6 | $116.20 | Feb 16, 2016 | A | 48,077 | A | — | Feb 16, 2026 | Common Stock | 48,077 | 48,077 | D |
Explanation of responses
- F1Represents the deemed acquisition of restricted stock units upon the satisfaction of relevant performance criteria. These restricted stock units were granted on February 17, 2015 and vest on the three-year anniversary of the grant date, provided certain performance criteria have been met for the fiscal year ended December 31, 2015.
- F2Reflects additional shares acquired through the Company's Master Savings (401(k)) Plan.
- F3Does not include shares issuable upon the exercise of options.
- F4Represents shares acquired through the vesting of performance units settled in common stock. The performance units were granted on February 20, 2013.
- F5Represents the number of common shares surrendered to pay applicable tax withholding on the shares acquired through the vesting of the performance units.
- F6This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.