SEC Form 4 · accession 0001646383-16-000350
CSRA Inc. · CSRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
George Batsakis
Officer — EVP, Chief Growth Officer
Period of report
May 31, 2016
Accepted (ET)
Jun 2, 2016 · 9:48 pm EDT
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 Stock | May 31, 2016 | M | 570 | $0.00 | A | 23,002 | D | |
| Common Stock | May 31, 2016 | F | 219 | $24.77 | D | 22,783 | 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 Unit (Performance Vested)F1 | $0.00 | May 31, 2016 | M | 570 | D | — | — | Common Stock | 570 | 1,280 | D |
| Restricted Stock UnitsF2 | $0.00 | May 31, 2016 | A | 15,588 | A | — | — | Common Stock | 15,588 | 15,588 | D |
| Employee Stock Options (right to buy)F3,F4 | $24.77 | May 31, 2016 | A | 25,774 | A | — | May 31, 2026 | Common Stock | 25,774 | 25,774 | D |
Explanation of responses
- F1One quarter of the target number of annual performance-vesting Restricted Stock Units awarded in Fiscal 2016 vested based on earnings per share for Fiscal 2016 that exceeded the threshold performance level established under the terms of the awards.
- F2Each Restricted Stock Unit (RSU) entitles the reporting person to receive one share of common stock upon the vesting date. The RSUs will vest 50% on May 31, 2018 and 50% will vest on May 31, 2019.
- F3This option is exercisable in three equal annual installments beginning May 31, 2017.
- F4This option is no longer exercisable beginning on this date.