IORIZZO ROBERT P 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Nov 24, 2003
Insider Transaction Report
Form 4
IORIZZO ROBERT P
Corp. VP & Pres. Electric Sys.
Transactions
- Tax Payment
Common Stock
2003-11-22$93.25/sh−222$20,702→ 42,271 total
Footnotes (1)
- [F1]Total includes 660 remaining Restricted Stock Rights granted pursuant to the 1993 Long Term Incentive Stock Plan (LTISP vesting on 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.