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
  1. 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.
  2. 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.
  3. 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.
  4. As of January 31, 2012.
  5. These options are fully vested and exercisable.