HUNTINGTON INGALLS INDUSTRIES, INC. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Sep 15, 2015
Insider Transaction Report
Form 4
Bruner Robert F
Director
Transactions
- Award
Common Stock
2015-09-11$115.54/sh+47.255$5,460→ 13,697.059 total(indirect: See footnote)
Footnotes (3)
- [F1]Huntington Ingalls Industries, Inc. paid a cash dividend of $0.40 per share of common stock on September 11, 2015. Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2011 and 2012 Long-Term Incentive Stock Plans, 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. 2011 and 2012 Long-Term Incentive Stock Plans, 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.