SEC Form 4 · accession 0001127602-16-051841
Engility Holdings, Inc. · EGL
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Susan M. Balaguer
Officer — SVP, Chief Human Resources
Period of report
May 2, 2016
Accepted (ET)
May 11, 2016 · 8:16 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 | — | May 2, 2016 | A | 6,719 | A | — | — | Common Stock | 6,719 | 6,719 | D |
| Restricted Stock UnitsF2 | — | May 2, 2016 | A | 4,941 | A | — | — | Common Stock | 4,941 | 4,941 | D |
Explanation of responses
- F1Reflects the annual grant of Restricted Stock Units ("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 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 sign on grant of restricted stock units that cliff vest on the second anniversary of the grant date. 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).