SEC Form 4 · accession 0001646383-17-000048
CSRA Inc. · CSRA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lawrence B Prior III
Officer — President and CEO · Director
Period of report
May 16, 2017
Accepted (ET)
May 24, 2017 · 5:03 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 16, 2017 | M | 600 | $0.00 | A | 27,057 | D | |
| Common Stock | May 16, 2017 | F | 287 | $29.75 | D | 26,770 | 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 UnitsF1,F2 | — | May 16, 2017 | M | 600 | D | — | — | Common Stock | 600 | 602 | D |
Explanation of responses
- F1Each restricted stock unit represents a contingent right to receive one share of Issuer's common stock.
- F2On May 16, 2014 and December 15, 2014, the reporting person was granted 1,201 restricted stock units and 1,205 restricted stock units, respectively, relating to Computer Sciences Corporation ("CSC") common stock. In connection with the issuer's spin-off from CSC on November 30, 2015, the reporting person was deemed to hold an equal number of restricted stock units of CSRA, each of which vests in equal installments on the second and third anniversaries of the grant.