Sorelle Richard D 4
4 · Exelis Inc. · Filed Mar 7, 2013
Insider Transaction Report
Form 4
Exelis Inc.XLS
Sorelle Richard D
VP, Pres, Electronic Systems
Transactions
- Tax Payment
Common Stock
2013-03-05$10.96/sh−2,643$28,967→ 16,424 total
Footnotes (1)
- [F1]Reflects the withholding of shares of Common Stock to satisfy taxes due incident to the vesting of restricted stock granted on March 5, 2010 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.