WRIGHT SANDRA J 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Aug 22, 2003
Insider Transaction Report
Form 4
WRIGHT SANDRA J
Corp. VP & Controller
Transactions
- Award
Stock Option ( Right-to-Buy)
2003-08-20$94.22/sh+6,000$565,320→ 6,000 totalExercise: $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→ 12,722 total
Footnotes (3)
- [F1]Includes 6,600 Restricted Stock Rights which vest in 1/3 increments over 3 years and 2,000 Restricted Performance Stock Rights (RPSRs) with a performance period that ends on 12/31/04 and 2,000 RPSRs with a performance period that ends on 12/31/05; and 6,000 RPSRs with a performance period that ends 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.