SEC Form 5 · accession 0001209191-19-007222
HUNTINGTON INGALLS INDUSTRIES, INC. · HII
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christopher D Kastner
Officer — Ex. VP, Bus Dev & CFO
Period of report
Dec 31, 2018
Accepted (ET)
Feb 5, 2019 · 1:08 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 Stock | Aug 14, 2018 | G | 11 | $0.00 | D | 42,289 | D | |
| Common Stock | Aug 14, 2018 | G | 29 | $0.00 | D | 42,300 | D | |
| Common Stock | Aug 14, 2018 | G | 5 | $0.00 | D | 42,284 | D | |
| Common Stock | Aug 14, 2018 | G | 5 | $0.00 | D | 42,279 | D | |
| Common Stock | Aug 14, 2018 | G | 13 | $0.00 | D | 42,266 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Units in 401(k) planF2 | — | holding | — | — | — | — | — | Common Stock | 88 | 373 | D |
Explanation of responses
- F1This transaction represents a gift to a 501(c)(3) charitible foundation by the reporting person.
- F2The issuer's outside administrator for the issuer's 401(k) plan holds issuer stock in a pooled fund as a participant investment option. Participant contributions designated for investment in issuer common stock are accounted for as units of interest in the issuer stock fund. Each unit was valued at $44.08 as of December 31, 2018. The unit value can fluctuate with fluctuations in the value of the issuer common stock and the daily cash position of the issuer stock fund. The number of shares of issuer stock attributable to the reporting person can be determined at any time by first multiplying the number of units in the reporting person's account by the then current unit price and dividing the total by the price of the issuer common stock. As of December 31, 2018, the reporting person held an equivalent of 87.8 shares in the issuer 401(k) plan. The 401(k) plan is a "Qualified Plan" as defined in Rule 16b-3(b)(4).