Tracy B. McKibben - Jan 3, 2022 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Role
Director
Signature
/s/ Kathy S. Owen, Attorney-in-Fact for Tracy B. McKibben
Stock symbol
HII
Transactions as of
Jan 3, 2022
Transactions value $
$39,999
Form type
4
Date filed
1/5/2022, 04:57 PM
Previous filing
Jan 4, 2022
Next filing
Jul 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HII Common Stock Award $40K +215 +10.21% $186.04 2.32K Jan 3, 2022 See footnote F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares of common stock issued pursuant to the Huntington Ingalls Industries, Inc. 2012 Long-Term Incentive Stock Plan ("Plan"), in an exempt transaction pursuant to Rule 16b-3, in exchange for stock units issued five years ago. The Reporting Person elected five years ago to receive a credit for restricted stock units and defer receipt of these shares for five years.
F2 Represents vested restricted stock units credited to the Reporting Person's account pursuant to Huntington Ingalls Industries, Inc.'s 2012 Long-Term Incentive Stock Plan. 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.