TEEL PHILIP A 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed May 1, 2009
Insider Transaction Report
Form 4
TEEL PHILIP A
Corp. VP & Pres. Ship Systems
Transactions
- Sale
Common Stock
2009-04-30$48.23/sh−20,000$964,600→ 73,457 total
Footnotes (2)
- [F1]Total includes 16,000 Restricted Performance Stock Rights (RPSRs) granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/28/07 with the valuation of performance measurement period ("measurement period") ending on 12/31/09; and 12,200 unvested RPSRs granted under the 2001 LTISP on 2/27/08, with the measurement period ending on 12/31/10. RPSR grants were awarded pursuant to Rule 16b-3(d).
- [F2]Represents the weighted average sale price of $48.23 rounded to the nearest tenth. The highest price at which the shares were sold was $48.350 and the lowest price at which the shares were sold was $48.150.