Davis Artur G. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Mar 19, 2013
Insider Transaction Report
Form 4
Davis Artur G.
Director
Transactions
- Award
Common Stock
2013-03-15$54.02/sh+19.337$1,045→ 10,465.096 total(indirect: See footnote)
Footnotes (3)
- [F1]Huntington Ingalls Industries, Inc. paid a cash dividend of $0.10 per share of common stock on March 15, 2013. 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 is determined by dividing the aggregate amount of the dividend by the closing price of a share of common stock on the date of the payment of the dividend.
- [F3]Represents vested restricted stock units credited to the Reporting Person's account pursuant to Huntington Ingalls Industries, Inc.'s 2011 and 2012 Long-Term Incentive Stock Plans. Each director stock unit represents a right to receive one share of Issuer common stock (or cash equivalent value), which will generally become payable within 30 days following the date a non-employee director ceases to provide services as a member of the board of directors.