SEC Form 4 · accession 0000899243-16-026295
L 3 COMMUNICATIONS HOLDINGS INC · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael T Strianese
Officer — Chairman and CEO · Director
Period of report
Aug 3, 2016
Accepted (ET)
Aug 4, 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 | Aug 3, 2016 | M | 100,000 | $67.49 | A | 234,822 | D | |
| Common StockF3,F1 | Aug 3, 2016 | S | 57,515 | $149.40 | D | 177,307 | D | |
| Common StockF4,F1 | Aug 3, 2016 | S | 42,485 | $149.96 | D | 134,822 | D | |
| Common StockF1 | Aug 3, 2016 | G | 3,000 | $0.00 | D | 131,822 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2/22/2012 Employee Stock Option (Right to Buy)F5 | $67.49 | Aug 3, 2016 | M | 100,000 | D | — | Feb 22, 2022 | Common Stock | 100,000 | 26,528 | 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 $148.80 to $149.80. 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 $149.81 to $150.33. 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.
- F5This option vests annually in equal one-third increments beginning on the one-year anniversary of the grant date.