4/A//SEC Filing
Gallagher James Lawrence 4/A
Accession 0000899243-18-022291
CIK 0001724670other
Filed
Aug 13, 8:00 PM ET
Accepted
Aug 14, 4:30 PM ET
Size
14.3 KB
Accession
0000899243-18-022291
Insider Transaction Report
Form 4/AAmended
Perspecta Inc.PRSP
Gallagher James Lawrence
General Counsel & Secretary
Transactions
- Other
Common Stock
2018-05-31+136→ 136 total - Award
Common Stock
2018-05-31+1,122→ 1,258 total - Tax Payment
Common Stock
2018-05-31$21.97/sh−110$2,417→ 1,148 total - Award
Options (right to buy)
2018-05-31+8,006→ 8,006 totalExercise: $16.62From: 2018-05-31Exp: 2022-12-09→ Common Stock (8,006 underlying) - Award
Options (right to buy)
2018-05-31+4,736→ 4,736 totalExercise: $11.88From: 2018-05-31Exp: 2023-12-08→ Common Stock (4,736 underlying)
Footnotes (6)
- [F1]DXC Technology Company ("DXC") stockholders of record on May 25, 2018 ("Record Date") received one share of Perspecta Inc. ("Perspecta") common stock for every two shares of DXC common stock held on the Record Date (the "Spin-Off"). The total direct beneficial ownership reflects the shares acquired by the reporting person from the pro rata distribution on May 31, 2018.
- [F2]Award of restricted stock units (RSUs). Time-vesting RSUs of DXC were converted into time-vesting RSUs of Perspecta. Each RSU entitles the reporting person to receive one share of common stock upon the vesting date. One third of the RSUs vested on May 31, 2018 and will settle on June 30, 2018, the remaining two-thirds will vest and settle annually in equal installments starting on May 31, 2019.
- [F3]This Form 4 is being amended to correct a rounding error in the calculation of the conversion of DXC RSUs into Perspecta RSUs.
- [F4]Amount reported includes unvested RSUs.
- [F5]This Form 4 is being amended to correct a rounding error in the calculation of the conversion of DXC Options into Perspecta Options.
- [F6]Options were acquired of at the effective time of the Spin-Off by conversion of each option to purchase one share of common stock of DXC into an option to purchase one share of common stock of Perspecta on the same terms and conditions that were in effect immediately prior to the consummation of the Spin-Off.
Documents
Issuer
Perspecta Inc.
CIK 0001724670
Entity typeother
Related Parties
1- filerCIK 0001742409
Filing Metadata
- Form type
- 4/A
- Filed
- Aug 13, 8:00 PM ET
- Accepted
- Aug 14, 4:30 PM ET
- Size
- 14.3 KB