HEINTZ KENNETH N 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 19, 2009
Insider Transaction Report
Form 4
HEINTZ KENNETH N
Corporate VP, Controller & CAO
Transactions
- Other
Common Stock
2009-02-17$44.99/sh−960$43,190→ 36,754 total - Award
Common Stock
2009-02-17$44.99/sh−17,201$773,873→ 53,955 total - Tax Payment
Common Stock
2009-02-17$44.99/sh+2,516$113,195→ 37,714 total
Holdings
- 50.955(indirect: See footnote.)
Common Stock
Footnotes (4)
- [F1]Total amount includes 5,000 unvested Restricted Stock Rights granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/21/07 with 100% vesting on 2/21/11; 10,000 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 LTISP on 2/28/07 with a valuation of performance measurement period ("measurement period") ending on 12/31/09; and 10,400 RPSRs granted under the 2001 LTISP on 2/27/08 with the measurement period ending 12/31/10. Grants awarded pursuant to Rule 16b-3(d).
- [F2]The measurement period for this installment of Restricted Performance Stock Rights (RPSRs) ended on 12/31/08, and the decrease in the number of shares represent a payout below the target for the 2008 performance period.
- [F3]Total amount includes 5,000 unvested Restricted Stock Rights granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/21/07 with 100% vesting on 2/21/11; 10,000 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 LTISP on 2/28/07 with a valuation of performance measurement period ("measurement period") ending on 12/31/09; 10,400 RPSRs granted under the 2001 LTISP on 2/27/08 with the measurement period ending 12/31/10; and 17,201 RPSRs granted under the 2001 LTISP on 2/17/09 with the measurement period ending on 12/31/11. Grants awarded pursuant to Rule 16b-3(d).
- [F4]Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of January 30, 2009. 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.