SEC Form 4 · accession 0001104659-15-043746

Northrop Grumman Innovation Systems, Inc. · OA

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

Reporting owner

Officer — Chief Operating Officer

Period of report

Jun 4, 2015

Accepted (ET)

Jun 5, 2015 · 5:22 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 Stock^F1	Jun 4, 2015	M	5,000	$48.8305	A	30,087	D
Common Stock^F2,F1	Jun 4, 2015	S	5,000	$72.6915	D	25,087	D
Common Stock^F3	holding	—	—		—	19,000	I	By Family Trust
Common Stock^F4	holding	—	—		—	631	I	By Spousal Trust
Common Stock^F5	holding	—	—		—	184	I	By Family Trust

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option (right to buy)	$48.8305	Jun 4, 2015	M	5,000	D	Sep 8, 2011	Sep 8, 2015	Common Stock	5,000	0	D

F18,025 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.
F2This is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $72.52 to $72.93, inclusive. The reporting person undertakes to provide Orbital ATK, Inc., any security holder of Orbital ATK, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.
F3These 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.
F4These shares are held in a trust of which the reporting person's spouse is the trustee and the reporting person is the beneficiary.
F5These shares represent the reporting person's proportional interest as a beneficiary of a family trust.