SEC Form 4 · accession 0001209191-15-024007
Exelis Inc. · XLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher D. Young
Officer — EVP, Pres, Geospatial Systems
Period of report
Mar 5, 2015
Accepted (ET)
Mar 9, 2015 · 3:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001524471
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1,F2 | Mar 5, 2015 | A | 23,701 | $0.00 | A | 128,009 | D | |
| Common Stock | holding | — | — | — | 10,392 | I | By 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an award of restricted stock units which are scheduled to vest in three equal annual installments beginning on March 5, 2016.
- F2Reflects the post Vectrus, Inc. spin conversion share amounts. Following the Spin-off of Vectrus, Exelis RSUs were adjusted to preserve their pre-Spin-off value.