SEC Form 4 · accession 0001646383-15-000057
CSRA Inc. · CSRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Sally Sullivan
Officer — EVP, Business Development
Period of report
Nov 30, 2015
Accepted (ET)
Dec 2, 2015 · 7:37 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001646383
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Nov 30, 2015 | A | 3,277 | $0.00 | A | 3,277 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF2,F3 | — | Nov 30, 2015 | A | 895 | A | — | — | Common Stock | 895 | 895 | D |
| Restricted Stock UnitF2,F4 | — | Nov 30, 2015 | A | 1,293 | A | — | — | Common Stock | 1,293 | 2,188 | D |
| Employee Stock Options (right to buy)F5,F6 | $24.17 | Nov 30, 2015 | A | 3,390 | A | — | Nov 15, 2023 | Common Stock | 3,390 | 3,390 | D |
| Employee Stock Options (right to buy)F7,F6 | $27.47 | Nov 30, 2015 | A | 7,666 | A | — | May 16, 2014 | Common Stock | 7,666 | 7,666 | D |
| Employee Stock Options (right to buy)F8,F6 | $30.89 | Nov 30, 2015 | A | 13,099 | A | — | May 22, 2015 | Common Stock | 13,099 | 13,099 | D |
Explanation of responses
- F1Computer Sciences Corporation ("CSC") stockholders of record on November 18, 2015 ("Record Date") received one share of CSRA Inc. ("CSRA") common stock for every one share of CSC common stock held on the Record Date. The total direct beneficial ownership reflects shares acquired by the reporting person in connection with the accelerated vesting and settlement of Computer Sciences Corporation ("CSC") performance-vested restricted stock units upon the distribution of CSRA.
- F2Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F3The time-vested restricted stock units will vest 50% in May 2016 and 50% in May 2017.
- F4The time-vested restricted stock units vested 50% on the grant date and the remaining 50% will vest on November 15, 2016.
- F5The stock options vested on the grant date.
- F6This option is no longer exercisable beginning on this date.
- F7The stock options vested two-thirds on the grant date and the remaining one-third vest 50% in May 2016 and 50% in May 2017.
- F8The stock options vest in annual one-third installments beginning on May 22, 2016.