L 3 COMMUNICATIONS HOLDINGS INC 4
4 · L 3 COMMUNICATIONS HOLDINGS INC · Filed Mar 17, 2006
Insider Transaction Report
Form 4
LANZA FRANK C
DirectorChairman and CEO
Transactions
- Sale
Common Stock
2006-03-15$85.32/sh−110,000$9,385,717→ 3,215,542 total - Exercise/Conversion
Common Stock
2006-03-15$3.23/sh+110,000$355,850→ 3,325,542 total - Gift
Common Stock
2006-03-14−35,800→ 3,215,542 total - Exercise/Conversion
4/30/97 Stock Option
2006-03-15−110,000→ 1,308,572 totalExercise: $3.23Exp: 2007-04-30→ Common Stock (110,000 underlying)
Footnotes (5)
- [F1]Does not include options held as of March 14, 2006 1,868,572 shares of common stock, which options are exercisable within 60 days of March 14, 2006.
- [F2]The transactions reported on this Form 4 were effected on behalf of the Reporting Person pursuant to a Rule 10b5-1 plan as previously announced in a press release issued by the Issuer on February 3, 2006.
- [F3]Does not include options held as of March 15, 2006 to purchase 1,758,572 shares of common stock, which options are exercisable within 60 days of March 15, 2006.
- [F4]Represents weighted average selling price of 61 transactions executed on the same date.
- [F5]On April 30, 1997, Mr. Lanza was granted options to purchase 2,285,714 shares of common stock, which options vested over a 3-year period from the date of issuance in increments of 761,905 shares of common stock per year.