SEC Form 4 · accession 0001127602-18-012179
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 16, 2018
Accepted (ET)
Mar 19, 2018 · 8:43 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 StockF1 | Mar 16, 2018 | M | 12,511 | — | A | 25,319 | D | |
| Common StockF2 | Mar 16, 2018 | F | 3,748 | $25.11 | D | 21,571 | D | |
| Common StockF3 | Mar 16, 2018 | M | 3,428 | — | A | 24,999 | D | |
| Common StockF4 | Mar 16, 2018 | F | 1,032 | $25.11 | D | 23,967 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects vested performance retention awards ("PRAs"). The PRAs vested at 50% of their target value, based on the Company's performance against a ratio of its net debt to adjusted earnings before interest taxes and depreciation.
- F2Reflects shares withheld to cover the payment of taxes upon the vesting of performance retention awards.
- F3Reflects the annual grant of restricted stock units. Restricted stock units 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.
- F4Reflects shares withheld to cover the payment of taxes upon the vesting of restricted stock units.