Home/Filings/4/0001181431-03-020165
4//SEC Filing

IORIZZO ROBERT P 4

Accession 0001181431-03-020165

CIK 0001133421other

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 8:49 PM ET

Size

6.8 KB

Accession

0001181431-03-020165

Insider Transaction Report

Form 4
Period: 2003-08-20
IORIZZO ROBERT P
Corp. VP & Pres. Electric Sys.
Transactions
  • Award

    Stock Options (Right-to-Buy)

    2003-08-20$94.22/sh+22,000$2,072,84022,000 total
    Exercise: $94.22From: 2004-08-20Exp: 2013-08-19Common Stock (22,000 underlying)
  • Award

    Common Stock

    2003-08-20$94.22/sh+12,000$1,130,64042,493 total
Footnotes (3)
  • [F1]Total includes 1,320 remaining unvested Restricted Stock Rights granted pursuant to the 1993 Long Term Incentive Stock Plan (LTISP); the last two installments vest in increments of 660 shares on 11/22/03 and 11/22/04; 2,167 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 two remaining installments will end on 12/31/03 with payments to be made in the following years 12/31/04 and 12/31/05; 12,000 RPSRs granted under the 2001 LTISP on 8/15/01 with the measurement period ending on 12/31/04; 9,000 RPSRs granted under the 2001 LTISP on 8/20/02 with the measurement period ending on 12/31/05; and 12,000 RPSRs granted under the 2001 LTISP on 8/20/03 with the measurement period ending on 12/31/06.
  • [F2]The option vests in four equal annual installments commencing on August 20, 2004.
  • [F3]Represents total options held under 8/20/03 grant.

Documents

1 file

Issuer

NORTHROP GRUMMAN CORP /DE/

CIK 0001133421

Entity typeother

Related Parties

1
  • filerCIK 0001216509

Filing Metadata

Form type
4
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 8:49 PM ET
Size
6.8 KB