SEC Form 4 · accession 0001104659-17-036853
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Christine Ann Wolf
Officer — Senior VP Human Resources
Period of report
May 31, 2017
Accepted (ET)
Jun 1, 2017 · 2:48 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 | May 31, 2017 | M | 5,039 | $26.2528 | A | 21,867 | D | |
| Common StockF2,F1 | May 31, 2017 | S | 5,039 | $101.5438 | D | 16,828 | D |
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)F3 | $26.2528 | May 31, 2017 | M | 5,039 | D | — | Mar 6, 2022 | Common Stock | 5,039 | 0 | D |
Explanation of responses
- F13,794 of these shares are subject to certain restrictions including possible forfeiture under the Issuer's stock incentive plans.
- F2This is a weighted average sale price. These shares were sold in multiple transactions at prices ranging from $101.41 to $101.69, 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.
- F3Options became exercisable in three equal annual installments beginning March 6, 2013.