Filing Details

Accession Number:
0001209191-13-015748
Form Type:
4
Zero Holdings:
No
Publication Time:
2013-03-12 13:24:38
Reporting Period:
2013-03-08
Filing Date:
2013-03-12
Accepted Time:
2013-03-12 13:24:38
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1524471 Exelis Inc. XLS Communications Equipment, Nec (3669) 452083813
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1518273 John A. Procopio 1650 Tysons Boulevard
Suite 1700
Mclean VA 22102
Chief Human Resources Officer No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2013-03-08 13,555 $0.00 89,083 No 4 A Direct
Common Stock Acquisiton 2013-03-08 22,502 $0.00 111,585 No 4 A Direct
Common Stock Disposition 2013-03-12 8,341 $11.06 103,244 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 A Direct
No 4 A Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right to Buy) Acquisiton 2013-03-08 104,041 $0.00 104,041 $11.11
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
104,041 2013-03-08 No 4 A Direct
Footnotes
  1. Reflects an award of restricted stock units which are scheduled to vest on March 8, 2016.
  2. Reflects an award of restricted stock units subject to cliff vesting three years from date of grant conditioned on the active employment of the Reporting Person.
  3. This price represents the approximate weighted average price per share of common stock of sales that were executed at prices ranging from $11.05 to $11.11 per Share. The Reporting Person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of Shares sold at each price.
  4. These options vest in three equal annual installments beginning on March 8, 2014.