SEC Form 4 · accession 0001127602-16-047677
Engility Holdings, Inc. · EGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lynn A Dugle
Officer — Chief Executive Officer · Director
Period of report
Mar 21, 2016
Accepted (ET)
Mar 28, 2016 · 5:32 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001544229
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Mar 21, 2016 | A | 50,083 | A | — | — | Common Stock | 50,083 | 50,083 | D |
| Restricted Stock UnitsF2 | — | Mar 21, 2016 | A | 54,535 | A | — | — | Common Stock | 54,535 | 54,535 | D |
Explanation of responses
- F1Grant of restricted stock units ("RSUs") that vest on the two-year anniversary of the grant date. Vested RSUs are settled in shares of common stock of Engility Holdings, Inc. (the "Issuer") or cash, which determination will be made at the sole discretion of the Issuer's Compensation Committee (or a subcommittee thereof).
- F2Reflects the annual grant of RSUs that 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 the Issuer or cash, which determination will be made at the sole discretion of the Issuer's Compensation Committee (or a subcommittee thereof).