RABINOWITZ MARK 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 18, 2010
Insider Transaction Report
Form 4
RABINOWITZ MARK
Corp. VP & Treasurer
Transactions
- Award
Common Stock
2010-02-16$59.56/sh+11,867$706,799→ 37,337 total - Tax Payment
Common Stock
2010-02-16$59.56/sh−1,755$104,528→ 26,185 total - Other
Common Stock
2010-02-16$59.56/sh−715$42,585→ 25,470 total
Holdings
- 774.639(indirect: See footnote.)
Common Stock
Footnotes (4)
- [F1]Total amount includes 6,550 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with a valuation of performance measurement period ("measurement period") ending on 12/31/10; and 9,925 unvested RPSRs granted under the 2001 LTISP on 2/17/09, with measurement period ending 12/31/11. Grants awarded pursuant to Rule 16b-3(d).
- [F2]The measurement period for this installment of Restricted Performance Stock Rights (RPSRs) ended on 12/31/09, and the decrease in the number of shares represent a payout below the target for the 2009 performance period.
- [F3]Total amount includes 6,550 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with a valuation of performance measurement period ("measurement period") ending on 12/31/10; 9,925 unvested RPSRs granted under the 2001 LTISP on 2/17/09, with measurement period ending 12/31/11; and 11,867 unvested RPSRs granted under the 2001 LTISP on 2/16/10, with measurement period ending 12/31/12. 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 29, 2010. 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.