SEC Form 4 · accession 0001104659-15-009048

· ORB

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Director

Period of report

Feb 9, 2015

Accepted (ET)

Feb 11, 2015 · 9:25 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000820736

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I
Common Stock	Oct 20, 2014	G	2,400	$0.00	D	48,814	D
Common Stock	Dec 12, 2014	G	3,000	$0.00	D	45,814	D
Common Stock	Dec 26, 2014	G	3,000	$0.00	D	42,814	D
Common Stock^F1	Feb 9, 2015	D	42,814	—	D	0	D

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Non-Employee Director Stock Option (right to buy)^F2	$12.98	Feb 9, 2015	D	5,000	D	Jan 3, 2007	Jan 3, 2016	Common Stock	5,000	0	D

F1Represents 42,814 shares of common stock disposed of pursuant to the Transaction Agreement among Alliant Techsystems, Inc. (renamed Orbital ATK, Inc.) ("Orbital ATK"), Vista Merger Sub Inc., Vista Outdoor Inc. (formerly known as Vista SpinCo Inc.) and Orbital Sciences Corporation ("Orbital") (the "Transaction Agreement"), pursuant to which each share of Orbital common stock was converted into 0.449 shares of Orbital ATK common stock and cash payable in lieu of fractional shares of Orbital ATK common stock, resulting in 19,223 shares of Orbital ATK common stock at market value of $63.94 per share based on the opening price per share of Orbital ATK common stock on the first day of trading following the Merger (as defined in the Transaction Agreement).
F2Pursuant to the Transaction Agreement, each outstanding Orbital option was converted into an option to purchase a number of shares of Orbital ATK common stock equal to the product of 0.449 multiplied by the number of shares of Orbital common stock that would have been acquired upon the exercise of such option prior to the effective time of the merger, with an exercise price equal to the exercise price for each share of Orbital common stock prior to the effective time divided by 0.449, resulting in options to purchase 2,245 shares of Orbital ATK common stock at an exercise price of $28.91 per share.