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Filing Details

Accession Number:: 0001209191-14-042879
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2014-06-20 16:52:13
Reporting Period:: 2014-06-18

Filing Date:: 2014-06-20
Accepted Time:: 2014-06-20 16:52:13
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1334478	Nci Inc.	NCIT	Services-Computer Integrated Systems Design (7373)	203211574

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1420109	C. Thomas Gaspard	C/O Abbot Downing 1753 Pinnacle Dr., 4Th Floor Mclean VA 22102		No	No	Yes	No

Reported Non-Derivative Transactions

Show Other Fields >>

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
Class A Common Stock	Disposition	2014-06-18	57,466	$10.00	929,000	No	4	S	Indirect	by LP
Class A Common Stock	Disposition	2014-06-19	13,400	$10.00	915,600	No	4	S	Indirect	by LP

Equity Swap Involved	Form Type	Code	Nature of Ownership	Explanation
No	4	S	Indirect	by LP
No	4	S	Indirect	by LP

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Class A Common Stock	500,000	Indirect	by LLC

Footnotes

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $10.00 to $10.05, inclusive. The reporting person undertakes to provide to NCI, Inc., any security holder of NCI, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote (1).
These shares are held directly by Narang Family Limited Partnership. Narang Holdings LLC is the general partner of Narang Family Limited Partnership. As such, Narang Holdings, LLC and its manager have the power to direct the vote and to direct the disposition of investments owned by Narang Family Limited Partnership and thus may be deemed to be indirect beneficial owners of the reported securities. Narang Family Trust is the sole owner of Narang Holdings, LLC and, as such, Narang Family trust and its business trustee, the reporting person, have the power to remove the manager and appoint any new manager of Narang Holdings, LLC and thus may be deemed to be indirect beneficial owners of the reported securities. The filing of this report is not an admission by the Reporting Person that he is the beneficial owner of the reported securities for purposes of Section 16 or for any other purpose.
These shares are held directly by Narang Holdings II, LLC ("NHII"). 49.5% of the membership interests in NHII are owned by each of the Ranjiv Narang 2007 Trust and the Sanjiv Narang 2007 Irrevocable Trust both u/t/a dated November 9, 2007 (each a "Trust" and collectively, the "Trusts"). Individually, the Trusts do not hold the requisite percentage of the membership interests in NHII necessary to remove the manager or appoint any new manager of NHII, and thus neither Trust is deemed to be an indirect beneficial owner of the reported securities. The reporting person controls 99.5% of the membership interests in NHII owned by the trusts and has the power to remove the manager and appoint any new manager of NHII, thus the reporting person may also be deemed to be the indirect beneficial owner of the reported securities. The filing of this report is not an admission by the reporting person that he is the beneficial owner of the securities for purposes of Section 16 or any other purpose.