PECK LARRY J 4
4 · SAIC, Inc. · Filed Mar 23, 2007
Insider Transaction Report
Form 4
SAIC, Inc.SAI
PECK LARRY J
GROUP PRESIDENT
Transactions
- Tax Payment
Class A Preferred Stock
2007-03-21$18.00/sh−274$4,932→ 9,890.49 total→ Common Stock (274 underlying)
Holdings
- 57,408(indirect: By Key Executive Stock Deferral Plan)
Class A Preferred Stock
Exercise: $0.00→ Common Stock (57,408 underlying)
Footnotes (3)
- [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.