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
2005-02-16$53.99/sh+1,285$69,377→ 17,405 total - Tax Payment
Common Stock
2005-02-16$53.99/sh−1,430$77,206→ 15,975 total
Holdings
- 8,120
Common Stock
- 5,915.23(indirect: See footnote.)
Common Stock
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.