John K. Welch - Dec 9, 2022 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Role
Director
Signature
/s/ Kathy S. Owen, Attorney-in-Fact for John K. Welch
Stock symbol
HII
Transactions as of
Dec 9, 2022
Transactions value $
$6,142
Form type
4
Date filed
12/13/2022, 04:49 PM
Previous filing
Oct 5, 2022
Next filing
Jan 5, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HII Common Stock Award $6.14K +26.3 +0.53% $233.36 4.98K Dec 9, 2022 See Footnote F1, F2
holding HII Common Stock 1.55K Dec 9, 2022 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Huntington Ingalls Industries, Inc. paid a cash dividend of $1.24 per share of common stock on December 9, 2022. Pursuant to the terms of the Huntington Ingalls Industries, Inc. 2012 and 2022 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 2012 and 2022 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.