SEC Form 4 · accession 0001140361-16-063641
Northrop Grumman Innovation Systems, Inc. · OA
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
A later amendment supersedes this filing — read the amendment. The figures below are kept as originally reported (version chain, not an overwrite).
Reporting owner
Robert M Hanisee
Director
Period of report
May 4, 2016
Accepted (ET)
May 5, 2016 · 8:12 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Deferred Stock UnitsF1,F2,F3 | $0.00 | May 4, 2016 | A | 1,147 | A | — | — | Common Stock | 1,147 | 1,147 | D |
| Phantom Stock UnitsF4,F5 | — | May 4, 2016 | A | 580 | A | — | — | Common Stock | 580 | 1,218 | D |
Explanation of responses
- F1The reporting person has elected to defer the receipt of 1,147 shares of common stock granted pursuant to the Non-Employee Director Stock Program under the Issuer's 2015 Stock Incentive Plan.
- F2Converts to common stock 1-for-1.
- F3These 1,147 deferred stock units are to be settled 100% in common stock on May 4, 2017.
- F4The Phantom Stock is represented by share units accrued under the Issuer's Deferred Fee Plan for Non-Employee Directors that are to be settled 100% in cash in annual installments starting on the first business day of the year after the reporting person ceases to be a director of the Issuer.
- F51-for-1 (each Phantom Stock Unit is the economic equivalent of one share of Common Stock).