SEC Form 4 · accession 0001127602-16-047165
Engility Holdings, Inc. · EGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Wayne M Rehberger
Officer — Senior Vice President and CFO
Period of report
Mar 18, 2016
Accepted (ET)
Mar 22, 2016 · 4:22 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001544229
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Mar 18, 2016 | M | 1,714 | — | A | 5,809 | D | |
| Common StockF1 | Mar 18, 2016 | F | 568 | $18.53 | D | 5,241 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF2 | — | Mar 18, 2016 | M | 1,714 | D | — | — | Common Stock | 1,714 | 5,142 | D |
Explanation of responses
- F1Reflects shares withheld to cover the payment of taxes upon the vesting of restricted stock units.
- F2On March 18, 2015, the reporting person was granted 6,856 restricted stock units ("RSUs"). RSUs vest over three years from the date of grant - 25% on the first anniversary, 25 on the second anniversary, and 50% on the third anniversary. Vested RSUs are settled in shares of common stock of Engility Holdings, Inc. (the "Issuer") on a one-for-one basis or cash, which determination will be made at the sole discretion of the Issuer's Compensation Committee (or a subcommittee thereof).