Form 4 for NOC Northrop Grumman
Accepted 2023-02-21 00:00:00 ET · period of report 2023-02-16 · accession 0001628280-23-004342 · 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 | Ryan Lucy C | Corp VP, Comms | F - Tax | $465.35 | -489 | 4,697 | -9% | -$227.6K |
| D | 2023-02-21 | 2023-02-16 | NOC | Ryan Lucy C | Corp VP, Comms | M - OptEx | $0.00 | +1,623 | 5,186 | +46% | $0 |
| D | 2023-02-21 | 2023-02-16 | NOC | Ryan Lucy C | Corp VP, Comms | M - OptEx | $0.00 | -1,623 | 3,397 | -32% | $0 |
| DM | 2023-02-21 | 2023-02-16 | NOC | Ryan Lucy C | Corp VP, Comms | A - Grant | $0.00 | +1,700 | 1,551 | New | $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 | F | D | 489 | $465.35 | 4,697.14 | D | — | — | |
| 2 | Common | Common Stock | 2023-02-16 | M | A | 1,622.70 | $0.00 | 5,186.14 | D | — | — | |
| 3 | Derivative | Restricted Performance Stock Rights | 2023-02-16 | M | D | 1,622.70 | $0.00 | 3,397 | D | — · — to — | 1,622.70 Common Stock | (F2) 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 Performance Stock Rights | 2023-02-16 | A | A | 1,296.70 | $0.00 | 5,019.70 | D | — · — to — | 1,296.70 Common Stock | (F3) The RPSRs acquired include (i) 420.70 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; and (ii) 876 unvested RPSRs granted under the LTISP on 2/16/23 with a measurement period ending on 12/31/25. A total of 1,622.70 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 1,202 RPSRs was previously reported in connection with the grant of the 2020 RPSRs. (F2) 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). |
| 5 | Derivative | Restricted Stock Rights | 2023-02-16 | A | A | 403 | $0.00 | 1,551 | D | — · — to — | 403 Common Stock | (F1) 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 2/17/26. |