SEC Form 4 · accession 0001104659-15-025331
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 31, 2015
Accepted (ET)
Apr 2, 2015 · 9:57 am 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,F2 | Mar 31, 2015 | M | 5,113 | — | A | 38,395 | D | |
| Common StockF2 | Mar 31, 2015 | F | 1,828 | $76.63 | D | 36,567 | D | |
| Common StockF4 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Mar 31, 2015 | M | 5,113 | D | Mar 31, 2015 | Mar 31, 2015 | Common Stock | 5,113 | 0 | D |
Explanation of responses
- F1Restricted Stock Units converted into common stock on a one-for-one basis at the end of the three-fiscal-year period.
- F24,833 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.
- F3Shares withheld to pay taxes applicable to the vesting of Restricted Stock Units.
- F4Based on a plan statement dated December 31, 2014.