SEC Form 4 · accession 0001104659-15-018932
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake E Larson
Officer — Chief Operating Officer
Period of report
Mar 10, 2015
Accepted (ET)
Mar 11, 2015 · 6:50 pm EDT
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 StockF1 | Mar 10, 2015 | A | 6,383 | $0.00 | A | 21,359 | D | |
| Common StockF2 | holding | — | — | — | 19,000 | I | By Family Trust | |
| Common StockF3 | holding | — | — | — | 631 | I | By Spousal Trust | |
| Common StockF4 | holding | — | — | — | 184 | I | By Family Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (right to buy)F5 | $72.06 | Mar 10, 2015 | A | 11,209 | A | — | Mar 10, 2025 | Common Stock | 11,209 | 11,209 | D |
Explanation of responses
- F18,399 of these shares are subject to certain restrictions including possible forfeiture under Orbital ATK, Inc.'s (formerly Alliant Techsystems Inc.'s) 2005 Stock Incentive Plan.
- F2These shares are held in a family trust, of which the reporting person's spouse and children are the beneficiaries and the reporting person is the settlor and trustee.
- F3These shares are held in a trust of which the reporting person's spouse is the trustee and the reporting person is the beneficiary.
- F4These shares represent the reporting person's proportional interest as a beneficiary of a family trust.
- F5Options become exercisable in three equal annual installments beginning March 10, 2016.