SEC Form 4 · accession 0001104659-15-009072

Northrop Grumman Innovation Systems, Inc. · OA

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

A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).

Reporting owner

Director

Period of report

Feb 9, 2015

Accepted (ET)

Feb 11, 2015 · 9:38 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000866121

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1	Feb 9, 2015	A	943	—	A	943	D
Common Stock^F1	Feb 9, 2015	A	18,280	—	A	18,280	I	By Trust

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	$28.91	Feb 9, 2015	A	2,245	A	Jan 3, 2007	Jan 3, 2016	Common Stock	2,245	2,245	D

F1Acquired 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 fraction shares of Orbital ATK common stock. The market value of Orbital ATK common stock is $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.