4//SEC Filing
COMPUTER SCIENCES CORP 4
Accession 0001225208-15-021706
CIK 0000023082operating
Filed
Dec 1, 7:00 PM ET
Accepted
Dec 2, 6:53 PM ET
Size
17.5 KB
Accession
0001225208-15-021706
Insider Transaction Report
Form 4
Zolet David W
President, NPS
Transactions
- Exercise/Conversion
Restricted Stock Units
2015-11-30+4,568→ 4,568 total→ Common Stock (4,568 underlying) - Tax Payment
Common Stock
2015-11-30$31.33/sh−16,737$524,370→ 43,682 total - Exercise/Conversion
Common Stock
2015-11-30+26,030→ 53,570 total - Exercise/Conversion
Common Stock
2015-11-30+6,849→ 60,419 total - Exercise/Conversion
Restricted Stock Units (Performance Vested)
2015-11-30−4,568→ 6,849 total→ Common Stock (4,568 underlying) - Exercise/Conversion
Restricted Stock Units (Performance Vested)
2015-11-30−26,030→ 0 totalExercise: $0.00→ Common Stock (26,030 underlying) - Exercise/Conversion
Restricted Stock Units (Performance Vested)
2015-11-30−6,849→ 0 total→ Common Stock (6,849 underlying)
Footnotes (4)
- [F1]As previously announced on Form 10 filed by CSRA Inc. (formerly known as Computer Sciences Government Services Inc.) on July 10, 2015 with the Securities and Exchange Commission, as amended, stockholders who held Computer Sciences Corporation ("CSC") common stock at the close of business on November 18, 2015 (the "Record Date"), received a distribution of one CSRA Inc. common share for every one share of CSC common stock held as of the Record Date. For unvested CSC service-vesting RSUs held by the reporting person as of the Record Date, upon the vesting of those RSUs the reporting person will receive CSC common shares and an equal number of CSRA Inc. common shares. For previously vested CSC service-vesting RSUs held by the reporting person as of the Record Date, the reporting person will receive an equal number of CSRA Inc. common shares.
- [F2]70% of the target number of annual performance-vesting Restricted Stock Units ("PSUs") awarded in Fiscal 2015 vested early on November 30, 2015 due to the separation of Computer Sciences Corporation and CSRA Inc. As previously reported, one quarter of the target number of PSUs awarded in Fiscal 2015 vested on June 8, 2015 based on earnings per share that exceeded the threshold performance level established under the terms of the award.
- [F3]4,568 of PSUs awarded in Fiscal 2015 converted to Restricted Stock Units ("RSUs") on November 30, 2015 due to the separation of Computer Sciences Corporation and CSRA Inc. The RSUs will vest in two equal annual installments beginning May 16, 2016.
- [F4]200% of the target number of PSUs awarded in Fiscal 2014 vested early on November 30, 2015 due to the separation of Computer Sciences Corporation and CSRA Inc. As previously reported, one quarter of the target number of PSUs awarded in Fiscal 2014 vested on May 22, 2014 and on June 8, 2015 based on earnings per share that exceeded the threshold performance level established under the terms of the award.
Documents
Issuer
COMPUTER SCIENCES CORP
CIK 0000023082
Entity typeoperating
IncorporatedNV
Related Parties
1- filerCIK 0000023082
Filing Metadata
- Form type
- 4
- Filed
- Dec 1, 7:00 PM ET
- Accepted
- Dec 2, 6:53 PM ET
- Size
- 17.5 KB