SEC Form 4 · accession 0001104659-16-107880
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
Mar 24, 2016
Accepted (ET)
Mar 28, 2016 · 12:59 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 | — | Mar 24, 2016 | A | 9 | A | — | — | Common Stock | 9 | 2,666 | D |
| Deferred Stock UnitsF3,F4 | — | Mar 24, 2016 | A | 37 | A | — | — | Common Stock | 37 | 10,307 | D |
Explanation of responses
- F1These securities were acquired through the deemed reinvestment of dividend equivalents in the form of additional Phantom Stock Units of the Issuer (Orbital ATK, Inc.) credited to the reporting person's account under the Nonqualified Deferred Compensation Plan (NQDCP) of Vista Outdoor Inc. (Vista), a former subsidiary of the Issuer that was spun off as an independent company. The Orbital ATK Phantom Stock Units will be settled 100% in cash following the reporting person's termination of employment with Vista.
- F21-for-1.
- F3These securities were acquired through the deemed reinvestment of dividend equivalents in the form of additional Orbital ATK Deferred Stock Units credited to the reporting person's account under Vista's NQDCP. The Orbital ATK Deferred Stock Units will be settled 100% in shares of Orbital ATK common stock following the reporting person's termination of employment with Vista.
- F4Converts to common stock 1-for-1.