Cuccias Brian J. 4
4 · HUNTINGTON INGALLS INDUSTRIES, INC. · Filed Feb 26, 2020
Insider Transaction Report
Form 4
Cuccias Brian J.
Vice President, Programs
Transactions
- Award
Common Stock
2020-02-24$234.84/sh+7,290$1,711,984→ 62,535.478 total - Tax Payment
Common Stock
2020-02-25$234.84/sh−3,262$766,048→ 59,273.478 total
Holdings
- 323.101
SEP Unit
→ Common Stock (75.94 underlying)
Footnotes (2)
- [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 24, 2020.
- [F2]The issuer's outside administrator for the issuer's Savings Excess 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 $61.3447 as of January 31, 2020. 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 January 31, 2020, the reporting person held an equivalent of 75.94 shares in the issuer Savings Excess Plan. The Savings Excess plan is a "Non-Qualified Plan" as defined in 16b-3(b)(2).