SEC Form 4 · accession 0001209191-15-024467
Exelis Inc. · XLS
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
A. John Procopio
Officer — Chief Human Resources Officer
Period of report
Mar 6, 2015
Accepted (ET)
Mar 10, 2015 · 1:52 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 6, 2015 | F | 6,979 | $24.03 | D | 99,517 | D | |
| Common StockF3,F2 | Mar 6, 2015 | F | 1,760 | $24.03 | D | 97,757 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects the withholding of shares of Common Stock to satisfy taxes due incident to the vesting of restricted stock units granted on March 6, 2012 by Exelis Inc.
- 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.
- F3Reflects the withholding of shares of Common Stock to satisfy taxes due incident to the vesting of restricted stock units granted on March 6, 2014 by Exelis Inc.