SEC Form 4 · accession 0001104659-15-007496
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Jay Tibbets
Officer — Sr VP and Pres Sporting Group
Period of report
Feb 6, 2015
Accepted (ET)
Feb 6, 2015 · 6:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866121
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2 | — | Feb 6, 2015 | A | 6 | A | — | — | Common Stock | 6 | 2,805 | D |
Explanation of responses
- F1These securities were acquired through the deemed reinvestment of dividend equivalents in the form of additional Deferred Stock Units credited to the reporting person's account under the Issuer's Nonqualified Deferred Compensation Plan (NQDCP). The Deferred Stock Units will be settled 100% in shares of the Issuer's common stock following the reporting person's termination of employment or such other date specified by the reporting person under the terms of the NQDCP.
- F2Converts to common stock 1-for-1.