Davis Artur G. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Dec 18, 2012
Insider Transaction Report
Form 4
Davis Artur G.
Director
Transactions
- Award
Common Stock
2012-12-14$41.48/sh+23.759$986→ 9,878.759 total(indirect: See footnote)
Footnotes (3)
- [F1]Huntington Ingalls Industries, Inc. declared a $0.10 per share dividend on Common Stock held as of record date November 30, 2012 and payable as of December 14, 2012. Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan, shares of common stock representing the dividend were deferred into a stock unit account in a transaction exempt by Rule 16b-3.
- [F2]Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan, the number of shares are determined by dividing the amount of the dividend by the closing price on the date of the payment of the dividend.
- [F3]Represents stock units credited to the Reporting Person's account pursuant to Huntington Ingalls Industries, Inc. 2011 and 2012 Long-Term Stock Incentive Plans. Each director stock unit represents a right to receive one share of Issuer common stock (or cash equivalent value).