WILLIAM R. ERMATINGER - 01 Mar 2022 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Signature
/s/ Kathy S. Owen, Attorney-in-Fact for William R> Ermatinger
Issuer symbol
HII
Transactions as of
01 Mar 2022
Net transactions value
+$616,737
Form type
4
Filing time
03 Mar 2022, 20:12:10 UTC
Previous filing
01 Mar 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HII Common Stock Award $1,129,562 +5,533 +23% $204.15 29,946 01 Mar 2022 Direct F1
transaction HII Common Stock Tax liability $512,825 -2,512 -8.4% $204.15 27,434 01 Mar 2022 Direct F2
holding HII Common Stock 638 01 Mar 2022 By 401(k) plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
holding HII SEP Unit 12,761 01 Mar 2022 Common Stock 2,999 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
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 March 1, 2022.
F2 Shares withheld by the issuer for the payment of withholding taxes on restricted stock that vested on March 1, 2022.
F3 The reporting person's interest in the HII Stock Fund of the Huntington Ingalls Industries, Inc. Savings Excess Plan (the "Plan") is held in the form of units of interest. The Plan's administrator calculates the number of shares of issuer common stock represented by units in the HII Stock Fund.