Form 4 for NOC Northrop Grumman
Accepted 2024-02-16 00:00:00 ET · period of report 2024-02-14 · accession 0001628280-24-005303 · 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 | 2024-02-16 | 2024-02-14 | NOC | ROEDER ROSHAN S | CVP, Pres. Defense Systems | F - Tax | $446.37 | -353 | 1,600 | -18% | -$157.6K |
| D | 2024-02-16 | 2024-02-14 | NOC | ROEDER ROSHAN S | CVP, Pres. Defense Systems | M - OptEx | $0.00 | +1,041 | 1,953 | +114% | $0 |
| DM | 2024-02-16 | 2024-02-14 | NOC | ROEDER ROSHAN S | CVP, Pres. Defense Systems | A - Grant | $0.00 | +7,792 | 5,328 | New | $0 |
| D | 2024-02-16 | 2024-02-14 | NOC | ROEDER ROSHAN S | CVP, Pres. Defense Systems | M - OptEx | $0.00 | -1,041 | 10.1K | -9% | $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 | 2024-02-14 | F | D | 353 | $446.37 | 1,600.11 | D | — | — | |
| 2 | Common | Common Stock | 2024-02-14 | M | A | 1,040.58 | $0.00 | 1,953.11 | D | — | — | |
| 3 | Derivative | Restricted Performance Stock Rights | 2024-02-14 | A | A | 5,435.58 | $0.00 | 11,189.58 | D | — · — to — | 5,435.58 Common Stock | (F5) The RPSRs acquired include (i) 302.58 vested RPSRs with respect to the measurement period ended 12/31/23 acquired due to settlement of the RPSRs granted under the LTISP on 2/16/21 that resulted in settlement at 141% of the target award; and (ii) 5,133 unvested RPSRs granted under the LTISP on 2/14/24 with a measurement period ending on 12/31/26. A total of 1,040.58 shares were issued in settlement of the 2021 RPSRs with a measurement period that ended 12/31/23, and the target award amount of 738 RPSRs was previously reported on Form 3. (F4) 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 | 2024-02-14 | A | A | 2,356 | $0.00 | 5,328 | D | — · — to — | 2,356 Common Stock | (F3) 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 2/14/24 and will vest on 2/14/27. |
| 5 | Derivative | Restricted Performance Stock Rights | 2024-02-14 | M | D | 1,040.58 | $0.00 | 10,149 | D | — · — to — | 1,040.58 Common Stock | (F4) 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). |