SEC Form 4 · accession 0001104659-15-044521
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark W Deyoung
Director
Period of report
Jun 8, 2015
Accepted (ET)
Jun 10, 2015 · 1:13 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 | Jun 8, 2015 | M | 6,403 | $26.2528 | A | 51,471 | D | |
| Common StockF1 | Jun 8, 2015 | S | 6,403 | $73.5436 | D | 45,068 | D | |
| Common Stock | Jun 9, 2015 | M | 52,512 | $26.2528 | A | 97,580 | D | |
| Common Stock | Jun 9, 2015 | M | 35,086 | $30.4041 | A | 132,666 | D | |
| Common Stock | Jun 9, 2015 | M | 7,372 | $61.6541 | A | 140,038 | D | |
| Common StockF2 | Jun 9, 2015 | S | 96,433 | $73.4854 | D | 43,605 | D | |
| Common StockF3 | Jun 9, 2015 | S | 41,085 | $74.9112 | D | 2,520 | D | |
| Common Stock | Jun 9, 2015 | S | 300 | $75.20 | D | 2,220 | D | |
| Common StockF4 | holding | — | — | — | 1,265 | 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)F5 | $26.2528 | Jun 8, 2015 | M | 6,403 | D | — | Mar 6, 2022 | Common Stock | 6,403 | 52,512 | D |
| Employee Stock Option (right to buy)F5 | $26.2528 | Jun 9, 2015 | M | 52,512 | D | — | Mar 6, 2022 | Common Stock | 52,512 | 0 | D |
| Employee Stock Option (right to buy)F6 | $30.4041 | Jun 9, 2015 | M | 35,086 | D | — | Mar 5, 2023 | Common Stock | 35,086 | 17,545 | D |
| Employee Stock Option (right to buy)F7 | $61.6541 | Jun 9, 2015 | M | 7,372 | D | — | Mar 11, 2024 | Common Stock | 7,372 | 14,745 | D |
Explanation of responses
- F1This is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.50 to $74.00, 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 ranges set forth in footnotes 1, 2 and 3 to this Form 4.
- F2This is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $73.19 to $74.18, inclusive.
- F3This is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $74.20 to $75.19, inclusive.
- F4Based on a plan statement dated March 31, 2015.
- F5Three annual installments beginning March 6, 2013.
- F6Three annual installments beginning March 5, 2014.
- F7Three annual installments beginning March 11, 2015.