Victoria D. Harker - Apr 3, 2023 Form 4 Insider Report for HUNTINGTON INGALLS INDUSTRIES, INC. (HII)

Role
Director
Signature
Kathy S. Owen, By PoA from Victoria D. Harker
Stock symbol
HII
Transactions as of
Apr 3, 2023
Transactions value $
$39,919
Form type
4
Date filed
4/5/2023, 07:51 PM
Previous filing
Mar 14, 2023
Next filing
May 22, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction HII Common Stock Award $39.9K +191 +7.34% $209.00 2.79K Apr 3, 2023 Direct F1
holding HII Common Stock 7.3K Apr 3, 2023 See footnote F2, F3
* 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. 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 a credit for restricted stock units.
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.
F3 Due to a clerical error, the total reflected has been reduced by 1.04 shares due to the over reporting of 1.04 shares on the March 10, 2023 transaction.