SEC Form 4 · accession 0001127602-17-016494
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, 2017
Accepted (ET)
May 3, 2017 · 11:09 am 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 StockF1 | May 2, 2017 | M | 1,679 | — | A | 1,679 | D | |
| Common StockF2 | May 2, 2017 | F | 645 | $28.45 | D | 1,034 | 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 UnitsF1 | — | May 2, 2017 | M | 1,679 | D | — | — | Common Stock | 1,679 | 5,040 | 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 shares withheld to cover the payment of taxes upon the vesting of restricted stock units.