SEC Form 4 · accession 0001225208-16-035227
COMPUTER SCIENCES CORP · CSC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul N Saleh
Officer — Exec Vice President and CFO
Period of report
Jun 15, 2016
Accepted (ET)
Jun 17, 2016 · 6:05 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000023082
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Jun 15, 2016 | M | 14,032 | $0.00 | A | 92,847 | D | |
| Common Stock | Jun 15, 2016 | F | 6,694 | $51.67 | D | 86,153 | D | |
| Common StockF1 | holding | — | — | — | 439 | I | By 401(k) |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock Units (Performance Vested)F2 | $0.00 | Jun 15, 2016 | A | 39,534 | A | — | — | Common Stock | 39,534 | 39,534 | D |
| Restricted Stock Units (Performance Vested)F3 | $0.00 | Jun 15, 2016 | M | 14,032 | D | Jun 15, 2016 | — | Common Stock | 14,032 | 0 | D |
Explanation of responses
- F1Shares held by Trustee pursuant to the Computer Sciences Corporation (CSC) Matched Asset Plan (401(k) Plan).
- F2One third of the performance-vested Restricted Stock Units (PSUs) awarded on December 15, 2015 were earned based on achievement of earnings per share for Fiscal 2016 that exceeded the threshold performance level established under the terms of the award. The earned PSUs will vest on December 15, 2016 subject to the reporting person's continued employment with Computer Sciences Corporation (CSC), and will settle on the earlier of December 15, 2018 or the reporting person's separation from service with CSC.
- F3One 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 award.