SEC Form 4 · accession 0001127602-16-053833
KLX Inc. · KLXI
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Roger Mark Franks
Officer — Gen. Counsel & VP, Law & HR
Period of report
May 26, 2016
Accepted (ET)
May 27, 2016 · 7:03 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 | May 26, 2016 | S | 5,270 | $33.22 | D | 22,467 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1The price in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $33.23 to $33.30, inclusive. The reporting person undertakes to provide to KLX Inc., any security holder of KLX Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnote 1 to this Form 4.