Sheaffer James W 4
4 · COMPUTER SCIENCES CORP · Filed Jun 22, 2011
Insider Transaction Report
Form 4
Sheaffer James W
President, NPS
Transactions
- Award
Options (rights to buy)
2011-06-20+42,240→ 42,240 totalExercise: $38.55From: 2012-06-20Exp: 2021-06-20→ Common Stock (42,240 underlying) - Award
Restricted Stock Units
2011-06-20+9,011→ 9,011 totalFrom: 2014-06-20→ Common Stock (9,011 underlying) - Award
Restricted Stock Units
2011-06-20+4,859→ 4,859 totalFrom: 2011-06-20→ Common Stock (4,859 underlying)
Footnotes (3)
- [F1]This option will become exercisable in three equal installments beginning June 20, 2012.
- [F2]Each Restricted Stock Unit (RSU) entitles the reporting person to receive one share of common stock upon the vesting date. The RSU's vest at age 65, or at age 55 with ten continous years of service and may vest earlier under certain other circumstances. They are released as shares of common stock at the rate of 10% of the shares granted on each of the first ten anniversaries of the retirement date.
- [F3]Each Restricted Stock Unit (RSU) entitles the reporting person to receive one share of common stock upon the vesting date. The RSU's vest 100% on June 20, 2014.