SEC Form 4 · accession 0001104659-15-018933
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Michael A Kahn
Officer — EVP, Pres Defense Sys Grp
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 | 3,191 | $0.00 | A | 33,416 | D | |
| Common StockF2 | holding | — | — | — | 404 | I | By 401(k) Plan |
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)F3 | $72.06 | Mar 10, 2015 | A | 5,604 | A | — | Mar 10, 2025 | Common Stock | 5,604 | 5,604 | D |
Explanation of responses
- F15,207 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.
- F2Based on a plan statement dated December 31, 2014.
- F3Options become exercisable in three equal annual installments beginning March 10, 2016.