SEC Form 4 · accession 0001104659-17-075235
KLX Inc. · KLXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas P McCaffrey
Officer — President & Chief Op. Officer
Period of report
Dec 27, 2017
Accepted (ET)
Dec 27, 2017 · 5:14 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 Stock | Dec 27, 2017 | M | 288,677 | $39.08 | A | 516,686 | D | |
| Common Stock | Dec 27, 2017 | F | 215,629 | $69.28 | D | 301,057 | D | |
| Common StockF1 | holding | — | — | — | 7,525 | I | By Family Trust |
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 | Dec 27, 2017 | M | 288,677 | D | — | Jan 15, 2025 | Common Stock | 288,677 | 0 | D |
Explanation of responses
- F1The reporting person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such securities for the purposes of Section 16 or for any other purpose.
- F2One third of the options to purchase common stock of KLX Inc. vested on each of December 16, 2015, December 16, 2016 and December 16, 2017.