Wilson Michael R. 4
4 · Exelis Inc. · Filed Jan 3, 2013
Insider Transaction Report
Form 4
Exelis Inc.XLS
Wilson Michael R.
President, Information Systems
Transactions
- Tax Payment
Common Stock
2012-12-31$11.15/sh−2,206$24,597→ 106,972 total
Holdings
- 172.02(indirect: By 401(k))
Common Stock
Footnotes (1)
- [F1]Reflects the withholding of shares of Common Stock to satisfy taxes due incident to the vesting of restricted stock units ("RSUs") granted on November 7, 2011 by Exelis Inc. Unvested cash-settled 2010 total shareholder return ("TSR") awards granted by ITT Corporation were converted into RSUs of Exelis Inc. as a replacement for the 2010 TSR in connection with the spin-off of Exelis Inc. from ITT Corporation on October 31, 2011. The vesting date for these RSUs was December 31, 2012, the end of the measurement period for the 2010 TSR.