Shephard John E Jr 4
4 · Exelis Inc. · Filed Apr 11, 2012
Insider Transaction Report
Form 4
Exelis Inc.XLS
Shephard John E Jr
Chief Strategy and M&A Officer
Transactions
- Tax Payment
Common Stock
2012-04-09$11.82/sh−3,078$36,382→ 66,533 total
Footnotes (1)
- [F1]Reflects the withholding of shares of Common Stock to pay the tax liability incident to the vesting of shares of restricted stock granted on April 7, 2009 under the ITT Corporation 2003 Equity Incentive Plan. Equity awards granted by ITT Corporation were converted into equity awards of Exelis Inc. in connection with the spin-off of Exelis Inc. from ITT Corporation on October 31, 2011.