Yerks Austin J. III 4

4 · NCI, Inc. · Filed Aug 15, 2017

Form 4

Period: 2017-08-15

Director

Transactions

Disposition to Issuer
Non-Qualified Class A Common Stock Option (Right to Buy)
2017-08-15−10,000→ 0 total
Exercise: $4.51From: 2016-06-06Exp: 2020-06-05→ Class A Common Stock (10,000 underlying)
Disposition to Issuer
Non-Qualified Class A Common Stock Option (Right to Buy)
2017-08-15−5,000→ 0 total
Exercise: $9.52From: 2017-06-11Exp: 2021-06-11→ Class A Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Class A Common Stock Option (Right to Buy)
2017-08-15−5,000→ 0 total
Exercise: $10.82Exp: 2022-06-03→ Class A Common Stock (5,000 underlying)
Disposition to Issuer
Non-Qualified Class A Common Stock Option (Right to Buy)
2017-08-15−5,000→ 0 total
Exercise: $13.29Exp: 2023-06-01→ Class A Common Stock (5,000 underlying)

Footnotes (3)

[F1]Each of these options was canceled pursuant to the terms of the Agreement and Plan of Merger, dated July 2, 2017, by and among the Issuer, Cloud Intermediate Holdings, LLC and Cloud Merger Sub, Inc. and converted into the right to receive an amount in cash equal to the product of (a) the excess of $20.00 over the exercise price of this option, and (b) the number of shares subject to such option.
[F2]These options were granted on 06/03/2015. As of June 3, 2017 (the second anniversary of the grant), 66 2/3% of these options had vested. The remaining 33 1/3% would have vested on June 3, 2018.
[F3]These options were granted on 06/01/2016. As of June 1, 2017 (the first anniversary of the grant), 33 1/3% of these options had vested. The remaining 66 2/3% would have vested in two equal annual installments beginning on the second anniversary of the grant.

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