HUNTINGTON INGALLS INDUSTRIES, INC. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Feb 28, 2014
Insider Transaction Report
Form 4
MULHERIN MATTHEW J
VP & Gen. Mgr Newport News Ops
Transactions
- Award
Common Stock
2014-02-26+41,114→ 94,227 total
Holdings
- 517.239
Units in 401(k) plan
→ Common Stock (122.93 underlying)
Footnotes (3)
- [F1]The Huntington Ingalls Industries, Inc. Compensation Committee determined that all performance goals had been met for these restricted stock units, and they were issued on February 26, 2014.
- [F2]Total amount includes 24,096 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.
- [F3]The issuer's outside administrator for the issuer's 401(k) plan holds issuer stock in a pooled fund as a participant investment option. Participant contributions designated for investment in issuer common stock are accounted for as units of interest in the issuer stock fund. Each unit was valued at $23.3123 as of February 24, 2014. The unit value can fluctuate with fluctuations in the value of the issuer common stock and the daily cash position of the issuer stock fund. The number of shares of issuer stock attributable to the reporting person can be determined at any time by first multiplying the number of units in the reporting person's account by the then current unit price and dividing the total by the price of the issuer common stock. As of February 24, 2014, the reporting person held an equivalent of 122.93 shares in the issuer 401(k) plan. The 401(k) plan is a "Qualified Plan" as defined in Rule 16b-3(b)(4).