SEC Form 4 · accession 0001209191-15-017302
L 3 COMMUNICATIONS HOLDINGS INC · LLL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John McNellis
Officer — See Remarks
Period of report
Feb 20, 2015
Accepted (ET)
Feb 23, 2015 · 5:11 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 | Feb 20, 2015 | M | 12,417 | $77.00 | A | 31,302 | D | |
| Common StockF2,F1 | Feb 20, 2015 | S | 11,800 | $130.62 | D | 19,502 | D | |
| Common StockF3,F1 | Feb 20, 2015 | S | 617 | $131.17 | D | 18,885 | D | |
| Common StockF1 | Feb 20, 2015 | F | 2,739 | $132.87 | D | 16,146 | 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)F4 | $77.00 | Feb 20, 2015 | M | 12,417 | D | — | Feb 20, 2023 | Common Stock | 12,417 | 12,418 | D |
Explanation of responses
- F1Does not include shares issuable upon the exercise of options.
- F2Represents weighted average sale price for price increments ranging from $130.11 to $131.10. 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 $131.12 to $131.20. 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.
Remarks
Senior Vice President and President of Aerospace Systems