Form 4 for NOC Northrop Grumman
Accepted 2021-11-03 00:00:00 ET · period of report 2021-11-01 · accession 0001628280-21-021420 · 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 | 2021-11-03 | 2021-11-01 | NOC | Addison Ann M | Corp VP, Chief HR Off | F - Tax | $354.85 | -402 | 4,194 | -9% | -$142.6K |
| D | 2021-11-03 | 2021-11-01 | NOC | Addison Ann M | Corp VP, Chief HR Off | M - OptEx | $0.00 | +891 | 4,596 | +24% | $0 |
| D | 2021-11-03 | 2021-11-01 | NOC | Addison Ann M | Corp VP, Chief HR Off | M - OptEx | $0.00 | -891 | 5,248 | -15% | $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 | 2021-11-01 | F | D | 402 | $354.85 | 4,193.80 | D | — | — | (F1) In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (October 30, 2021) fell on a weekend, the award shares vested on November 1, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on November 1, 2021. The shares will be distributed into the participant's account on November 2, 2021. |
| 2 | Common | Common Stock | 2021-11-01 | M | A | 891 | $0.00 | 4,595.80 | D | — | — | (F1) In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (October 30, 2021) fell on a weekend, the award shares vested on November 1, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on November 1, 2021. The shares will be distributed into the participant's account on November 2, 2021. (F2) Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 10/31/2018 that vested on 11/1/2021. |
| 3 | Derivative | Restricted Stock Rights | 2021-11-01 | M | D | 891 | $0.00 | 5,248 | D | — · — to — | 891 Common Stock | (F2) Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 10/31/2018 that vested on 11/1/2021. (F4) Each Restricted Stock Right (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. |