SEC Form 4 · accession 0001209191-15-002355
HUNTINGTON INGALLS INDUSTRIES, INC. · HII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Karl M Von Der Heyden
Director
Period of report
Jan 2, 2015
Accepted (ET)
Jan 6, 2015 · 5:14 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001501585
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 2, 2015 | A | 223 | $111.91 | A | 223 | D | |
| Common StockF2 | holding | — | — | — | 12,948 | I | See footnote |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares of common stock issued pursuant to the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan ("Plan"), in an exempt transaction pursuant to Rule 16b-3. The Plan permits the Reporting Person to elect annually to receive and directly own shares of common stock, rather than units of restricted stock, once the Reporting Person holds common stock of the issuer that has a value of more than five times the Reporting Person's annual retainer. The Reporting Person made the election to receive common stock in accordance with the Plan.
- F2Represents vested restricted stock units credited to the Reporting Person's account pursuant to Huntington Ingalls Industries, Inc.'s 2011 and 2012 Long-Term Incentive Stock Plans. Each director stock unit represents a right to receive one share of Issuer common stock (or cash equivalent value), which will generally become payable within 30 days following the date a non-employee director ceases to provide services as a member of the board of directors.