SAIC, Inc. 4
4 · SAIC, Inc. · Filed Feb 2, 2007
Insider Transaction Report
Form 4
SAIC, Inc.SAI
SINGLEY GEORGE T III
GROUP PRESIDENT
Transactions
- Tax Payment
Class A Preferred Stock
2006-11-17$19.77/sh−794.58$15,709→ 51,068.852 total→ Common Stock (794.58 underlying)
Holdings
- 11,200(indirect: By Key Executive Stock Deferral Plan)
Class A Preferred Stock
Exercise: $0.00→ Common Stock (11,200 underlying) - 2,938(indirect: By SAIC Retirement Plan)
Class A Preferred Stock
Exercise: $0.00→ Common Stock (2,938 underlying)
Footnotes (4)
- [F1]On October 16, 2006, SAIC, Inc. became the successor to Science Applications International Corporation pursuant to a merger. The merger resulted in SAIC, Inc. becoming the parent holding company of Science Applications International Corporation, but did not alter the proportionate interests of security holders.
- [F2]Class A Preferred Stock is convertible into Common Stock on a 1 for 1 basis on and after the following dates and in the proportionate amounts for each Series: 20% allocated to Series A-1 and convertible on January 11, 2007; 20% allocated to Series A-2 and convertible on April 11, 2007; 30% allocated to Series A-3 and convertible on July 10, 2007; 30% allocated to Series A-4 and convertible on October 8, 2007.
- [F3]Class A Preferred Stock has no expiration date.
- [F4]Includes 2,584 shares previously held through the Management Stock Compensation Plan which were distributed to the reporting person on November 17, 2006 and are now owned directly.