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4//SEC Filing

NORTHROP GRUMMAN CORP /DE/ 4

Accession 0001181431-03-020150

$NOCCIK 0001133421operating
View on SEC.govCompany Profile

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 7:48 PM ET

Size

8.3 KB

Accession

0001181431-03-020150

Insider Transaction Report

Form 4
Period: 2003-08-22
NORTHROP GRUMMAN CORP /DE/NOC
SANFORD JAMES L
Corp. VP & Treasurer
Transactions
  • Award

    Stock Option (Right-to-Buy)

    2003-08-20$94.22/sh+6,000$565,320→ 6,000 total
    Exercise: $94.22From: 2004-08-20Exp: 2013-08-19→ Common Stock (6,000 underlying)
  • Award

    Common Stock

    2003-08-20$94.22/sh+2,500$235,550→ 8,200 total
Holdings

  • Common Stock

    (indirect: See footnote.)
    2,337

  • Common Stock

    4,060
Footnotes (5)
  • [F1]Total includes 800 remaining unvested Restricted Stock Rights granted pursuant to the 1993 Long Term Incentive Stock Plan (LTISP); the last two installments vest in increments of 400 shares on 11/22/03 and 11/22/04; 900 Restricted Performance Stock Rights (RPSRs) granted under the 1993 LTISP as to which the measurement period for the initial installment is 12/16/98 to 12/31/01 with performance determined subsequent thereto with delivery of shares made in 2002 and 2003. The measurement period for the one remaining installment will end on 12/31/03 with payment to be made in February 2004; 2,000 RPSRs granted under the 2001 LTISP on 8/15/01 with the measurement period ending on 12/31/04; 2,000 RPSRs granted under the 2001 LTISP on 8/20/02 with the measurement period ending on 12/31/05; 2,500 RPSRs granted under the 2001 LTISP on 8/20/03 with the measurement period ending on 12/31/06.
  • [F2]Total includes 2,920 shares held in Reporting Person's own name; 300 shares held in name of Reporting Person's spouse; and 840 shares held jointly in the name of Reporting Person and Reporting Person's spouse.
  • [F3]Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of March 26, 2003. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a decrease in units attributable to an individual though no disposition occurred.
  • [F4]The option vests in four equal annual installments commencing on August 20, 2004.
  • [F5]Represents total options held under 8/20/03 grant.

Documents

1 file

Issuer

NORTHROP GRUMMAN CORP /DE/

CIK 0001133421

→
Entity typeoperating

Related Parties

1
  • filerCIK 0001133421

Filing Metadata

Form type
4
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 7:48 PM ET
Size
8.3 KB
View on SEC.gov