Form 4 for NOC Northrop Grumman
Accepted 2023-02-21 00:00:00 ET · period of report 2023-02-16 · accession 0001628280-23-004304 · 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 | 2023-02-21 | 2023-02-16 | NOC | Addison Ann M | Corp VP, Chief HR Off | M - OptEx | $0.00 | +4,867 | 14.2K | +52% | $0 |
| D | 2023-02-21 | 2023-02-16 | NOC | Addison Ann M | Corp VP, Chief HR Off | F - Tax | $465.35 | -2,111 | 12.1K | -15% | -$982.4K |
| D | 2023-02-21 | 2023-02-16 | NOC | Addison Ann M | Corp VP, Chief HR Off | M - OptEx | $0.00 | -4,867 | 7,921 | -38% | $0 |
| DM | 2023-02-21 | 2023-02-16 | NOC | Addison Ann M | Corp VP, Chief HR Off | A - Grant | $0.00 | +5,745 | 12.8K | +82% | $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 | 2023-02-16 | M | A | 4,866.75 | $0.00 | 14,218.59 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-16 | F | D | 2,111 | $465.35 | 12,107.59 | D | — | — | |
| 3 | Derivative | Restricted Performance Stock Rights | 2023-02-16 | M | D | 4,866.75 | $0.00 | 7,921 | D | — · — to — | 4,866.75 Common Stock | (F3) Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d). |
| 4 | Derivative | Restricted Stock Rights | 2023-02-16 | A | A | 4,483 | $0.00 | 8,091 | D | — · — to — | 4,483 Common Stock | (F2) Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. The RSRs were granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/16/23 and will vest on 2/18/25. |
| 5 | Derivative | Restricted Performance Stock Rights | 2023-02-16 | A | A | 1,261.75 | $0.00 | 12,787.75 | D | — · — to — | 1,261.75 Common Stock | (F4) The RPSRs acquired are 1,261.75 vested RPSRs with respect to the measurement period ended 12/31/22 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that resulted in settlement at 135% of the target award. A total of 4,866.75 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 3,605 RPSRs was previously reported in connection with the grant of the 2020 RPSRs. (F3) Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d). |