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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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| Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
| Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) | ||
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1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) |
4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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| Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
| Stock Option (Right to Buy) | $ 200.01 (2) | 08/08/2024 | A | 112,374 | (3) | 08/08/2034 | Common Stock | 112,374 | $ 0 | 112,374 | D | ||||
| Reporting Owner Name / Address | Relationships | |||
| Director | 10% Owner | Officer | Other | |
| Ortberg Robert Kelly 929 LONG BRIDGE DRIVE ARLINGTON, VA 22202 |
X | President & CEO | ||
| /s/ Jenn X. Hu, Attorney-in-Fact | 08/09/2024 | |
| **Signature of Reporting Person | Date |
| * | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
| ** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
| (1) | Represents restricted stock units of which 15,839 (33%) will vest on August 8, 2025, 15,839 (33%) will vest on August 10, 2026, and 16,319 (34%) will vest on August 9, 2027. Restricted stock units settle in shares of the Company's common stock on a one-for-one basis. |
| (2) | The option exercise price is equal to 120% of the average of the high and low trading prices on the date of grant, which was August 8, 2024. |
| (3) | The option will vest and become exercisable on August 8, 2026 with respect to 28,093 shares (25%), on August 8, 2027 with respect to 28,094 shares (25%), and on August 8, 2028 with respect to 56,187 shares (50%). |