4//SEC Filing
ORBITAL SCIENCES CORP /DE/ 4
Accession 0001104659-15-009053
CIK 0000820736operating
Filed
Feb 10, 7:00 PM ET
Accepted
Feb 11, 9:25 PM ET
Size
7.7 KB
Accession
0001104659-15-009053
Insider Transaction Report
Form 4
GRABE RONALD J/VA
EVP and GM
Transactions
- Award
Common Stock
2015-02-09+10,000→ 122,841 total - Disposition to Issuer
Common Stock
2015-02-09−122,841→ 0 total
Footnotes (3)
- [F1]Grant of Restricted Stock Units under the issuer's Amended and Restated 2005 Stock Incentive Plan that vest one-half the day after the closing of the Merger (as defined in the Transaction Agreement) and one-half one year thereafter.
- [F2]The reporting person received the Restricted Stock Units in connection with his employment for no monetary consideration.
- [F3]Represents 67,866 shares of common stock disposed of pursuant to the Transaction Agreement among Alliant Techsystems, Inc. (renamed Orbital ATK, Inc.) ("Orbital ATK"), Vista Merger Sub Inc., Vista Outdoor Inc. (formerly known as Vista SpinCo Inc.) and Orbital Sciences Corporation ("Orbital") (the "Transaction Agreement"), pursuant to which each share of Orbital common stock was converted into 0.449 shares of Orbital ATK common stock and cash payable in lieu of fractional shares and 54,975 Restricted Stock Units disposed of pursuant to the Transaction Agreement whereby each Restricted Stock Unit of Orbital was converted into 0.449 Restricted Stock Units of Orbital ATK with the same vesting schedule, resulting in 30,471 shares of Orbital ATK common stock and 24,683 Restricted Stock Units of Orbital ATK, each at a market value of $63.94 based on the opening price per share of Orbital ATK common stock on the first trading day following the Merger.
Documents
Issuer
ORBITAL SCIENCES CORP /DE/
CIK 0000820736
Entity typeoperating
IncorporatedDE
Related Parties
1- filerCIK 0000820736
Filing Metadata
- Form type
- 4
- Filed
- Feb 10, 7:00 PM ET
- Accepted
- Feb 11, 9:25 PM ET
- Size
- 7.7 KB