NORTHROP GRUMMAN CORP /DE/ 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 18, 2005
Insider Transaction Report
Form 4
SANFORD JAMES L
Corp. VP & Treasurer
Transactions
- Other
Common Stock
[F1][F2]2005-02-16$53.99/sh+1,285$69,377→ 17,405 total - Tax Payment
Common Stock
[F2]2005-02-16$53.99/sh−1,430$77,206→ 15,975 total
Holdings
- 8,120
Common Stock
[F3] - 5,915.23(indirect: See footnote.)
Common Stock
[F4]
Footnotes (4)
- [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 4,000 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; and 5,000 RPSRs granted under the 2001 LTISP on 8/20/03 with the measurement period ending on 12/31/06. Grants awarded pursuant to Rule 16b-3(d).
- [F3]Total includes 5,840 shares held in Reporting Person's own name; 600 shares held in name of Reporting Person's spouse; and 1,680 shares held jointly in the name of Reporting Person and Reporting Person's spouse.
- [F4]Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of January 31, 2005. 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. Total includes 3847.82 shares held in the Plan in the name of the Reporting Person's spouse.
Signature
Kathleen M. Salmas, Attorney-in-fact for James L. Sanford|2005-02-18