HEINTZ KENNETH N 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 17, 2011
Insider Transaction Report
Form 4
HEINTZ KENNETH N
Corporate VP, Controller & CAO
Transactions
- Award
Common Stock
2011-02-15$69.14/sh+11,938$825,393→ 73,612 total - Tax Payment
Common Stock
2011-02-15$69.14/sh−3,965$274,140→ 61,674 total
Holdings
- 81.871(indirect: See footnote.)
Common Stock
Footnotes (3)
- [F1]Total includes 5,000 unvested Restricted Stock Rights (RSRs) granted under the 2001 Long Term Incentive Stock Plan (LTISP) on 2/21/07 with 100% vesting on 2/21/11; 17,201 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 LTISP on 2/17/09 with a valuation of performance measurement period ("measurement period") ending on 12/31/11; and 16,175 RPSRs granted under the LTISP on 2/16/10 with the measurement period ending 12/31/12. Grants awarded pursuant to Rule 16b-3(d).
- [F2]Total amount includes 5,000 unvested RSRs granted under the LTISP on 2/21/07 with 100% vesting on 2/21/11; 17,201 unvested RPSRs granted under the LTISP on 2/17/09 with a measurement period ending on 12/31/11; 16,175 RPSRs granted under the LTISP on 2/16/10 with the measurement period ending 12/31/12; and 11,938 RPSRs granted under the LTISP on 2/15/11 with the measurement period ending 12/31/13. Grants awarded pursuant to Rule 16b-3(d).
- [F3]Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of January 28, 2011. 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.