SEC Form 4 · accession 0000947871-15-000041
KLX Inc. · KLXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P McCaffrey
Officer — Pres. & Chief Op. Officer
Period of report
Jan 15, 2015
Accepted (ET)
Jan 20, 2015 · 8:22 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001617898
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 15, 2015 | A | 95,958 | $0.00 | A | 215,780 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $39.08 | Jan 15, 2015 | A | 288,677 | A | — | Jan 15, 2025 | Common Stock | 288,677 | 288,677 | D |
Explanation of responses
- F1This amount includes shares acquired through the pro-rata distribution to stockholders of B/E Aerospace, Inc. ("B/E") of shares of KLX Inc. ("KLX") common stock in connection with the spin-off of KLX from B/E.
- F2One-third of this award of options to purchase common stock of KLX will vest on each of December 16, 2015, December 16, 2016, and December 16, 2017.