Filing Details
- Accession Number:
- 0001209191-12-016665
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2012-03-07 21:17:59
- Reporting Period:
- 2012-03-06
- Filing Date:
- 2012-03-07
- Accepted Time:
- 2012-03-07 21:17:59
- 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 |
|---|---|---|---|---|---|---|---|
| 1226924 | R Steven Loranger | 1650 Tysons Boulevard Suite 1700 Mclean VA 22102 | Yes | No | 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 | 2012-03-06 | 99,120 | $10.30 | 321,801 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-03-06 | 99,120 | $11.16 | 222,681 | No | 4 | S | Direct | |
| Common Stock | Acquisiton | 2012-03-07 | 100,000 | $10.30 | 322,681 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2012-03-07 | 100,000 | $11.48 | 222,681 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| No | 4 | M | Direct | |
| No | 4 | S | Direct | |
| No | 4 | M | Direct | |
| No | 4 | S | Direct |
Reported Derivative Transactions
| Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
|---|---|---|---|---|---|---|---|
| Common Stock | Stock Option (Right to Buy) | Disposition | 2012-03-06 | 99,120 | $0.00 | 99,120 | $10.30 |
| Common Stock | Stock Option (Right to Buy) | Disposition | 2012-03-07 | 100,000 | $0.00 | 100,000 | $10.30 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 100,000 | 2012-03-08 | No | 4 | M | Direct | |
| 0 | 2012-03-08 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
| Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
|---|---|---|---|
| Common Stock | 14,973 | Indirect | By Steven R. Loranger Revocable Trust |
| Common Stock | 50,551 | Indirect | By Betsy Palmer Loranger Revocable Trust |
| Common Stock | 306 | Indirect | By 401(k) plan |
Footnotes
- This price represents the approximate weighted average price per share of common stock (each, a "Share") of Exelis Inc. (the "Issuer"), of sales that were executed at prices ranging from $11.15 to $11.185 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.
- This price represents the approximate weighted average price per Share of sales that were executed at prices ranging from $11.45 to $11.56 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.
- These shares, which were previously reported as directly held, were transfered to the Steven R. Loranger Revocable Trust in a transaction exempt from reporting under Rule 16a-13.
- As of January 31, 2012.
- These options are fully vested and exercisable.
Billionaire Hedge Funds
