SEC Form 4 · accession 0001104659-18-053978
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
Aug 24, 2018
Accepted (ET)
Aug 28, 2018 · 5:25 pm EDT
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 | Aug 24, 2018 | A | 16,144 | $0.00 | A | 332,246 | D | |
| Common StockF2 | holding | — | — | — | 7,525 | I | By Family Trust |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects a grant of restricted stock made on August 24, 2018. One third of this grant will vest, and the remainder of this grant would be forfeited for no consideration, in connection with the consummation of the contemplated merger involving the Company and The Boeing Company, provided that the merger is consummated on or prior to August 24, 2019.
- F2The 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.