SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Atkin Timothy James

(Last) (First) (Middle)
C/O SRA INTERNATIONAL, INC.
4300 FAIR LAKES COURT

(Street)
FAIRFAX VA 22033

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
SRA INTERNATIONAL INC [ SRX ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
Director 10% Owner
X Officer (give title below) Other (specify below)
Chief Operating Officer
3. Date of Earliest Transaction (Month/Day/Year)
07/20/2011
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Class A Common Stock 07/20/2011 D(1)(2) 32,673 D $31.25 0 D
Class A Common Stock 07/20/2011 D(1) 820 D $31.25 0 I By 401(k)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
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 Securities Underlying Derivative Security (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: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Stock Option (Right to Buy) $25.105 07/20/2011 D(3) 4,397 (3) 08/07/2016 Class A Common Stock 4,397 (4) 0 D
Stock Option (Right to Buy) $25.59 07/20/2011 D(3) 5,064 (3) 08/13/2017 Class A Common Stock 5,064 (4) 0 D
Stock Option (Right to Buy) $14.29 07/20/2011 D(3) 26,000 (3) 02/16/2019 Class A Common Stock 26,000 (4) 0 D
Stock Option (Right to Buy) $20.08 07/20/2011 D(3) 29,439 (3) 08/17/2019 Class A Common Stock 29,439 (4) 0 D
Stock Option (Right to Buy) $20.06 07/20/2011 D(3) 23,412 (3) 08/16/2020 Class A Common Stock 23,412 (4) 0 D
Stock Option (Right to Buy) $21.13 07/20/2011 D(3) 5,810 (3) 08/05/2014 Class A Common Stock 5,810 (4) 0 D
Stock Option (Right to Buy) $35.4 07/20/2011 D(3) 20,150 (3) 08/04/2015 Class A Common Stock 20,150 (4) 0 D
Explanation of Responses:
1. Disposed of pursuant to the terms of the Agreement and Plan of Merger, dated as of March 31, 2011 ("Merger Agreement"), by and among the issuer, Sterling Parent Inc. and Sterling Merger Inc., providing for the merger of Sterling Merger Inc. with and into SRA International, Inc. ("Merger").
2. Restricted shares of Common Stock were granted under an equity incentive plan of SRA International, Inc. This amount includes 21,934 restricted shares of Common Stock granted prior to June 30, 2011, which vested immediately prior to the effective time of the Merger, pursuant to the terms of the Merger Agreement. This amount also includes 1,129 restricted shares of Common Stock granted on July 1, 2011, of which 377 shares vested immediately prior to the Merger and 752 shares were forfeited to the issuer, pursuant to the terms of the Restricted Stock Agreement, dated July 1, 2011.
3. Disposed of pursuant to the terms of the Merger Agreement. Pursuant to the terms of the Merger Agreement, all unvested options vested immediately prior to the effective time of the Merger and all outstanding options were canceled and converted into the right to receive, per share, the excess of $31.25 over the per share exercise price. Any outstanding options with a per share exercise price greater than $31.25 were forfeited immediately prior to the effective time of the Merger.
4. Not applicable.
/s/ Mark D. Schultz, attorney-in-fact for Timothy James Atkin 07/21/2011
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* 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).
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