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WAUGH RICHARD B JR 4

Accession 0001181431-03-020176

CIK 0001133421other
View on SEC.govCompany Profile

Filed

Aug 21, 8:00 PM ET

Accepted

Aug 22, 9:37 PM ET

Size

8.0 KB

Accession

0001181431-03-020176

Insider Transaction Report

Form 4
Period: 2003-08-20
NORTHROP GRUMMAN CORP /DE/NOC
WAUGH RICHARD B JR
Corp. VP & CFO
Transactions
  • Award

    Stock Option(Right-to-Buy)

    2003-08-20$94.22/sh+20,000$1,884,400→ 20,000 total
    Exercise: $94.22From: 2004-08-20Exp: 2013-08-19→ Common Stock (20,000 underlying)
  • Award

    Common Stock

    2003-08-20$94.22/sh+10,000$942,200→ 51,083 total
Holdings

  • Common Stock

    (indirect: See footnote.)
    3,589.3

  • Common Stock

    (indirect: By Trust)
    30,087
Footnotes (4)
  • [F1]Total includes 6,000 remaining unvested Restricted Stock Rights granted pursuant to the 1993 Long Term Incentive Stock Plan (LTISP); the last two installments vest in increments of 2,000 shares on 11/22/03 and 11/22/04; 5,000 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; 10,000 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; 20,000 RPSRs granted under the 2001 LTISP on 8/20/03 with the measurement period ending on 12/31/06.
  • [F2]Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of January 1, 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.
  • [F3]The option vests in four equal annual installments commencing on August 20, 2004.
  • [F4]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 0001216522

Filing Metadata

Form type
4
Filed
Aug 21, 8:00 PM ET
Accepted
Aug 22, 9:37 PM ET
Size
8.0 KB
View on SEC.gov