CSRA Inc. 4/A
4/A · CSRA Inc. · Filed Dec 12, 2016
Insider Transaction Report
Form 4/AAmended
CSRA Inc.CSRA
Batsakis George
EVP and GM, Defense
Transactions
- Award
Common Stock
2016-11-30$31.51/sh+23,428$738,216→ 46,211 total - Tax Payment
Common Stock
2016-11-30$31.83/sh−7,754$246,810→ 38,457 total - Award
Common Stock
2016-11-30$31.51/sh+935$29,462→ 39,392 total
Footnotes (3)
- [F1]Exempt transaction under Section 16b-3. These shares of common stock represent the earned performance shares released from a custody account pursuant to a custody arrangement entered into as part of the previously disclosed merger of SRA International, Inc. (SRA International) with Computer Sciences Corporation's government division. This arrangement granted conditional rights to pre-vested shares to certain former employees of SRA International, including the Reporting Person. Certain applicable conditions under such custody arrangement have been met, resulting in the release of these shares to the Reporting Person. The Reporting Person's right to receive these additional shares became fixed and irrevocable on November 30, 2015, the effective date of the merger.
- [F2]$31.51 represents the closing price of the common stock of CSRA Inc. on the effective date of the merger.
- [F3]Exempt transaction under Section 16b-3. These shares of common stock represent the forfeited performance shares released to the Reporting Person in accordance with the custody arrangement referenced above. The Reporting Person's right to receive these additional shares became fixed and irrevocable on November 30, 2015, the effective date of the merger.