Simmerman George M. Jr. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 11, 2013
Insider Transaction Report
Form 4
Simmerman George M. Jr.
Corp VP, Dep. GC & Ass't Sec'y
Transactions
- Tax Payment
Common Stock
2013-03-08$45.54/sh−10,452$475,984→ 45,168 total - Sale
Common Stock
2013-03-07$48.97/sh−4,000$195,880→ 28,636 total - Award
Common Stock
2013-03-08+26,984→ 55,620 total
Footnotes (3)
- [F1]These shares were sold to generate funds primarily to pay federal estimated taxes dues as a result of the vesting of restricted stock units.
- [F2]Total amount includes 18,072 restricted stock rights granted under the Huntington Ingalls Industries, Inc. 2011 Long-Term Incentive Stock Plan ("HII LTISP") on 3/31/2011, with 100% vesting on 3/31/2014. Grant awarded pursuant to Rule 16b-3(d).
- [F3]The Huntington Ingalls Industries, Inc. Compensation Committee met and determined that all performance goals had been met for these restricted stock units, therefore the shares were issued on March 8, 2013.