Form 4 for NOC Northrop Grumman
Accepted 2021-12-08 00:00:00 ET · period of report 2021-12-06 · accession 0001628280-21-024704 · 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 | 2021-12-08 | 2021-12-06 | NOC | Caylor Mark A | Pres, CVP, Mission Systems | M - OptEx | $0.00 | +1,655 | 14.6K | +13% | $0 |
| D | 2021-12-08 | 2021-12-06 | NOC | Caylor Mark A | Pres, CVP, Mission Systems | F - Tax | $363.96 | -800 | 13.8K | -5% | -$291.2K |
| D | 2021-12-08 | 2021-12-06 | NOC | Caylor Mark A | Pres, CVP, Mission Systems | M - OptEx | $0.00 | -1,655 | 9,659 | -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 | 2021-12-06 | M | A | 1,655 | $0.00 | 14,646.15 | D | — | — | (F1) In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (December 4, 2021) fell on a weekend, the award shares vested on December 6, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on December 6, 2021. The shares were distributed into the participant's account on December 7, 2021. (F2) Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 12/4/2018 that vested on 12/6/2021. |
| 2 | Common | Common Stock | 2021-12-06 | F | D | 800 | $363.96 | 13,846.15 | D | — | — | (F1) In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (December 4, 2021) fell on a weekend, the award shares vested on December 6, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on December 6, 2021. The shares were distributed into the participant's account on December 7, 2021. |
| 3 | Derivative | Restricted Stock Rights | 2021-12-06 | M | D | 1,655 | $0.00 | 9,659 | D | — · — to — | 1,655 Common Stock | (F2) Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 12/4/2018 that vested on 12/6/2021. (F4) 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. |