RABINOWITZ MARK 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed May 9, 2011
Insider Transaction Report
Form 4
RABINOWITZ MARK
Corp. VP & Treasurer
Transactions
- Exercise/Conversion
Common Stock
2011-05-06$52.48/sh+2,296$120,494→ 39,273 total - Exercise/Conversion
Common Stock
2011-05-06$47.99/sh+4,375$209,956→ 41,352 total - Sale
Common Stock
2011-05-06$64.80/sh−4,375$283,500→ 36,977 total - Exercise/Conversion
Stock Option (Right-to-Buy)
2011-05-06$52.48/sh−2,296$120,494→ 0 totalExercise: $52.48From: 2003-08-20Exp: 2012-08-20→ Common Stock (2,296 underlying) - Exercise/Conversion
Stock Option (Right-to-Buy)
2011-05-06$43.08/sh−3,281$141,345→ 0 totalExercise: $43.08From: 2004-08-20Exp: 2013-08-20→ Common Stock (3,281 underlying) - Exercise/Conversion
Stock Option (Right-to-Buy)
2011-05-06$41.14/sh−5,445$224,007→ 2,724 totalExercise: $41.14From: 2010-02-17Exp: 2016-02-17→ Common Stock (5,445 underlying) - Exercise/Conversion
Common Stock
2011-05-06$43.08/sh+3,281$141,345→ 40,258 total - Sale
Common Stock
2011-05-06$64.85/sh−3,281$212,773→ 36,977 total - Exercise/Conversion
Common Stock
2011-05-06$41.14/sh+5,445$224,007→ 42,422 total - Sale
Common Stock
2011-05-06$64.77/sh−5,445$352,673→ 36,977 total - Sale
Common Stock
2011-05-06$64.90/sh−2,296$149,010→ 36,977 total - Exercise/Conversion
Stock Option (Right-to-Buy)
2011-05-06$47.99/sh−4,375$209,956→ 0 totalExercise: $47.99From: 2005-06-14Exp: 2014-06-14→ Common Stock (4,375 underlying)
Holdings
- 800.691(indirect: See footnote)
Common Stock
Footnotes (8)
- [F1]Total amount includes 10,855 unvested Restricted Performance Stock Rights ("RPSRs") granted under the 2001 Long-Term Incentive Stock Plan ("LTISP") on 2/17/09, with a valuation of performance measurement period ("measurement period") ending on 12/31/11; and 12,979 unvested RPSRs granted under the LTISP on 2/16/10, with the measurement period ending on 12/31/12. Grants awarded pursuant to Rule 16b-3(d).
- [F2]Held in the Northrop Grumman Savings and Investment Plan (the "Plan"), a qualified profit sharing plan, as of April 29, 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.
- [F3]Represents the weighted average sale price of $64.85 rounded to the nearest hundredths. The highest price at which the shares sold was $64.874 and the lowest price at which the shares sold was $64.842.
- [F4]Represents the weighted average sale price of $64.80 rounded to the nearest hundredths. The highest price at which the shares sold was $64.835 and the lowest price at which the shares sold was $64.791.
- [F5]Represents the weighted average sale price of $64.77 rounded to the nearest hundredths. The highest price at which the shares sold was $64.822 and the lowest price at which the shares sold was $64.751.
- [F6]Represents the weighted average sale price of $64.90 rounded to the nearest hundredths. The highest price at which the shares sold was $64.911 and the lowest price at which the shares sold was $64.872.
- [F7]Date option was first exercisable. There are no remaining options following this exercise.
- [F8]This option was first exercisable on 2/17/10 and it has one remaining annual installment equal to one-third (33%) of the original grant, vesting on 2/17/12.