SEC Form 4 · accession 0000899243-16-019505
L 3 COMMUNICATIONS HOLDINGS INC · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John S Mega
Officer — See Remarks
Period of report
May 6, 2016
Accepted (ET)
May 9, 2016 · 4:05 pm EDT
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 | May 6, 2016 | M | 16,142 | $77.00 | A | 33,419 | D | |
| Common StockF3,F1 | May 6, 2016 | S | 16,142 | $135.73 | D | 17,277 | D | |
| Common StockF1 | May 6, 2016 | M | 8,411 | $113.67 | A | 25,688 | D | |
| Common StockF4,F1 | May 6, 2016 | S | 8,411 | $135.86 | D | 17,277 | D | |
| Common StockF1 | May 6, 2016 | M | 4,407 | $129.31 | A | 21,684 | D | |
| Common StockF5,F1 | May 6, 2016 | S | 4,407 | $135.74 | D | 17,277 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2/20/2013 Employee Stock Option (Right to Buy)F6 | $77.00 | May 6, 2016 | M | 16,142 | D | — | Feb 20, 2023 | Common Stock | 16,142 | 0 | D |
| 2/19/2014 Employee Stock Option (Right to Buy)F6 | $113.67 | May 6, 2016 | M | 8,411 | D | — | Feb 19, 2024 | Common Stock | 8,411 | 4,206 | D |
| 2/17/2015 Employee Stock Option (Right to Buy)F6 | $129.31 | May 6, 2016 | M | 4,407 | D | — | Feb 17, 2025 | Common Stock | 4,407 | 8,815 | 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 $135.61 to $135.78. 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 $135.82 to $135.90 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 $135.74 to $135.76. 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.
- F6This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.
Remarks
Senior Vice President and President of Communication Systems Group