Form 4 for NOC Northrop Grumman
Accepted 2021-09-22 00:00:00 ET · period of report 2021-09-20 · accession 0001628280-21-019041 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-09-22 | 2021-09-20 | NOC | Warden Kathy J | COB, CEO, Pres, Dir | F - Tax | $348.81 | -2,230 | 115.8K | -2% | -$777.8K |
| D | 2021-09-22 | 2021-09-20 | NOC | Warden Kathy J | COB, CEO, Pres, Dir | M - OptEx | $0.00 | +4,943 | 118.1K | +4% | $0 |
| D | 2021-09-22 | 2021-09-20 | NOC | Warden Kathy J | COB, CEO, Pres, Dir | M - OptEx | $0.00 | -4,943 | 40.5K | -11% | $0 |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-09-20 | F | D | 2,230 | $348.81 | 115,838.29 | D | — | — | (F1) In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (September 19, 2021) fell on a weekend, the award shares vested on September 20, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on September 20, 2021. The shares will be distributed into the participant's account on September 21, 2021. |
| 2 | Common | Common Stock | 2021-09-20 | M | A | 4,943 | $0.00 | 118,068.29 | D | — | — | (F1) In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (September 19, 2021) fell on a weekend, the award shares vested on September 20, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on September 20, 2021. The shares will be distributed into the participant's account on September 21, 2021. (F2) Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 9/19/2018 that vested on 9/20/2021. |
| 3 | Derivative | Restricted Stock Rights | 2021-09-20 | M | D | 4,943 | $0.00 | 40,456 | D | — · — to — | 4,943 Common Stock | (F2) Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 9/19/2018 that vested on 9/20/2021. (F3) Each RSR represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. |