HUNTINGTON INGALLS INDUSTRIES, INC. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Dec 13, 2016
Insider Transaction Report
Form 4
Miller Paul D.
Director
Transactions
- Award
Common Stock
2016-12-09$181.50/sh+49.001$8,894→ 14,871.069 total(indirect: See footnote)
Footnotes (2)
- [F1]Huntington Ingalls Industries, Inc. paid a cash dividend of $0.60 per share of common stock on December 9, 2016. Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2011 and 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]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.