4//SEC Filing
SAIC, Inc. 4
Accession 0001336920-07-000127
$LDOSCIK 0001336920operating
Filed
May 8, 8:00 PM ET
Accepted
May 9, 7:38 PM ET
Size
17.1 KB
Accession
0001336920-07-000127
Insider Transaction Report
Form 4
SAIC, Inc.SAI
SINGLEY GEORGE T III
GROUP PRESIDENT
Transactions
- Exercise/Conversion
Class A Preferred Stock
2007-05-08+44,999→ 109,186.852 total→ Common Stock (44,999 underlying) - Sale
Class A Preferred Stock
2007-05-08$18.95/sh−22,637$428,971→ 78,643.852 total→ Common Stock (22,637 underlying) - Exercise/Conversion
Stock Option (Right to Buy)
2007-05-08−44,999→ 0 totalExercise: $9.53From: 2004-03-25Exp: 2008-03-24→ Class A Preferred Stock (44,999 underlying) - Tax Payment
Class A Preferred Stock
2007-05-08$18.95/sh−7,906$149,819→ 101,280.852 total→ Common Stock (7,906 underlying)
Holdings
- 22.469(indirect: By SAIC Retirement Plan)
Common Stock
- 11,200(indirect: By Key Executive Stock Deferral Plan)
Class A Preferred Stock
Exercise: $0.00→ Common Stock (11,200 underlying) - 3,034.461(indirect: By SAIC Retirement Plan)
Class A Preferred Stock
Exercise: $0.00→ Common Stock (3,034.461 underlying)
Footnotes (5)
- [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]Non-exempt surrender of shares to pay exercise price for option exercise.
- [F5]The option is exercisable according to the following annual vesting schedule: 20% in years 1, 2 and 3, and 40% in year 4. The date exercisable set forth above is the first anniversary of the date of grant of each option and represents the date on which the option first became exercisable with respect to 20% of the underlying shares in accordance with the aforementioned vesting schedule.
- [F6]During the period of January 1, 2007 through March 31, 2007, the reporting person acquired 96.4611 shares of Class A Preferred Stock under the SAIC Retirement Plan. The balance is pursuant to the reporting person's most recent account statement available.
Documents
Issuer
SAIC, Inc.
CIK 0001336920
Entity typeoperating
Related Parties
1- filerCIK 0001336920
Filing Metadata
- Form type
- 4
- Filed
- May 8, 8:00 PM ET
- Accepted
- May 9, 7:38 PM ET
- Size
- 17.1 KB