SEC Form 4 · accession 0001104659-15-047994
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 25, 2015
Accepted (ET)
Jun 26, 2015 · 3:04 pm EDT
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000866121
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF1,F2 | — | Jun 25, 2015 | A | 9 | A | — | — | Common Stock | 9 | 2,640 | D |
| Deferred Stock UnitsF3,F4 | — | Jun 25, 2015 | A | 36 | A | — | — | Common Stock | 36 | 10,204 | D |
Explanation of responses
- F1These securities were acquired through the deemed reinvestment of dividend equivalents in the form of additional Phantom Stock Units credited to the reporting person's account under the Issuer's Nonqualified Deferred Compensation Plan (NQDCP). The Phantom Stock Units will be settled 100% in cash following the reporting person's termination of employment or such other date specified by the reporting person. NQDCP participants may reallocate amounts between this Phantom Stock Unit investment alternative and other investment accounts during a 10-day window period each quarter.
- F21-for-1.
- F3These securities were acquired through the deemed reinvestment of dividend equivalents in the form of additional Deferred Stock Units credited to the reporting person's account under the Issuer's NQDCP. The Deferred Stock Units will be settled 100% in shares of the Issuer's common stock following the reporting person's termination of employment or such other date specified by the reporting person under the terms of the NQDCP.
- F4Converts to common stock 1-for-1.