NORTHROP GRUMMAN CORP /DE/ 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 17, 2005
Insider Transaction Report
Form 4
O Neill James R
Corp. VP & Pres., Info. Tech.
Transactions
- Other
Common Stock
2005-02-16$53.99/sh+2,487$134,273→ 16,737 total - Tax Payment
Common Stock
2005-02-16$53.99/sh−2,527$136,433→ 14,210 total - Award
Stock Option (Right-to-Buy)
2004-06-14$104.97/sh+18,000$1,889,460→ 18,000 totalExercise: $104.97From: 2005-06-14Exp: 2014-06-14→ Common Stock (18,000 underlying)
Footnotes (3)
- [F1]The measurement period for this installment of Restricted Performance Stock Rights (RPSRs) ended on 12/31/04, and the payout of those shares and determination of the number of additional shares for the payout was effective 2/16/05.
- [F2]Total includes 7,500 unvested RPSRs granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 8/20/02 with the valuation of performance measurement period ("measurement period") ending on 12/31/05; 7,500 unvested RPSRs granted under the 2001 LTISP on 8/20/03 with the measurement period ending on 12/31/06; and 6,000 unvested RPSRs granted under the 2001 LTISP on 3/16/04 with the measurement period ending on 12/31/06. Grants awarded pursuant to Rule 16b-3(d).
- [F3]Effective June 21, 2004, the common stock of Northrop Grumman was split 2-for-1. The number of shares and price per share adjusted accordingly on the first day of trading following the June 21, 2004 distribution date.