SEC Form 4 · accession 0001209191-16-127610
HUNTINGTON INGALLS INDUSTRIES, INC. · HII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael Stephen Smith
Officer — Corp VP, Strategy & Dev.
Period of report
Jun 10, 2016
Accepted (ET)
Jun 14, 2016 · 2:39 pm EDT
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,F2,F3 | Jun 10, 2016 | A | 2 | $163.16 | A | 497 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Huntington Ingalls Industries, Inc. paid a cash dividend of $0.50 per share of common stock on June 10, 2016. Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan, shares of common stock representing the dividend were deferred into a stock unit account in a transaction exempt by Rule 16b-3.
- F2Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan, the number of shares is determined by dividing the aggregate amount of the dividend by the closing price of a share of common stock on the date of the payment of the dividend.
- F3Total amount includes 484 restricted stock rights granted under the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan ("HII LTISP") on 08/25/2014, with 100% vesting on 8/25/2017.