SEC Form 4 · accession 0001209191-15-086079
NCI, Inc. · NCIT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Charles K Narang
Director · 10% Owner
Period of report
Dec 16, 2015
Accepted (ET)
Dec 18, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001334478
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Class A common stockF1 | Dec 11, 2015 | C | 200,000 | — | A | 578,946 | D | |
| Class A common stockF2,F3 | Dec 16, 2015 | S | 9,610 | $15.17 | D | 569,336 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Class B common stockF1 | — | Dec 11, 2015 | C | 200,000 | D | — | — | Class A common stock | 200,000 | 4,500,000 | D |
Explanation of responses
- F1200,000 Class B common stock shares were converted to Class A common stock shares on December 11, 2015. Per the conversion terms of the Class B shares they are convertible on a one-for-one basis to Class A common stock.
- F2The sale of 9,610 Class A common stock shares were made pursuant to a 10b5-1 plan.
- F3This transaction was executed in multiple trades ranging from $15.00 to $15.25. The price reported above reflects the weighted average sale price. The reporting person hereby undertakes to provide upon request to the SEC staff, the issuer, or a security holder of the issuer full information regarding the number of shares and prices at which the transaction was effected.