SEC Form 4 · accession 0001104659-17-021118
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott L Lehr
Officer — EVP, Pres Flight Sys Grp
Period of report
Mar 31, 2017
Accepted (ET)
Apr 3, 2017 · 7:41 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 StockF1,F2 | Mar 31, 2017 | M | 1,499 | — | A | 12,201 | D | |
| Common StockF2 | Mar 31, 2017 | F | 481 | $98.00 | D | 11,720 | D | |
| Common Stock | holding | — | — | — | 459 | 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, 2017 | M | 1,499 | D | Mar 31, 2017 | Mar 31, 2017 | Common Stock | 1,499 | 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.
- F25,335 of these shares are subject to certain restrictions including possible forfeiture under Orbital ATK, Inc.'s stock incentive plans.
- F3Shares withheld to pay taxes applicable to the vesting of Restricted Stock Units.