D. Kelly - Jan 3, 2023 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Role: Director
Signature: /s/ kathy S. Owen, Attorney-in-Fact for Anastasia D. Kelly
Stock symbol: HII
Transactions as of: Jan 3, 2023
Transactions value $: $39,961
Form type: 4
Date filed: 1/5/2023, 08:14 PM
Previous filing: Oct 5, 2022
Next filing: Feb 24, 2023

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	HII	Common Stock	Award	$40K	+175	+4.56%	$228.35	4.01K	Jan 5, 2023	Direct	F1
holding	HII	Common Stock						16.6K	Jan 3, 2023	See footnote	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 in lieu of cash pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan ("Plan"), in an exempt transaction pursuant to Rule 16b-3. After the Reporting Person has accumulated a combination of restricted stock units and/or shares of common stock equal to at least five times the cash portion of their annual retainer, the Reporting Person may elect annually to receive and directly own common stock, rather than receiving cash payment.
F2	Represents vested restricted stock units credited to the Reporting Person's account pursuant to Huntington Ingalls Industries, Inc.'s 2011, 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.

Content

Shares of common stock issued in lieu of cash pursuant to the Huntington Ingalls Industries, Inc. 2022 Long-Term Incentive Stock Plan ("Plan"), in an exempt transaction pursuant to Rule 16b-3. After the Reporting Person has accumulated a combination of restricted stock units and/or shares of common stock equal to at least five times the cash portion of their annual retainer, the Reporting Person may elect annually to receive and directly own common stock, rather than receiving cash payment.

Represents vested restricted stock units credited to the Reporting Person's account pursuant to Huntington Ingalls Industries, Inc.'s 2011, 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.