RABINOWITZ MARK 4

Accession 0001181431-11-028367

CIK 0001133421other

View on SEC.gov Company Profile

Filed

May 8, 8:00 PM ET

Accepted

May 9, 7:51 PM ET

Size

25.6 KB

Accession

0001181431-11-028367

Insider Transaction Report

Form 4

Period: 2011-05-06

NORTHROP GRUMMAN CORP /DE/NOC

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 total
Exercise: $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 total
Exercise: $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 total
Exercise: $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 total
Exercise: $47.99From: 2005-06-14Exp: 2014-06-14→ Common Stock (4,375 underlying)

Holdings

Common Stock
(indirect: See footnote)
800.691

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.

Documents

1 file

4
rrd310954.xmlPrimary
STOCK OPTION EXERCISE & SELL

Issuer

NORTHROP GRUMMAN CORP /DE/

CIK 0001133421

→

Entity typeother

Related Parties

filerCIK 0001407937

Filing Metadata

Form type: 4
Filed: May 8, 8:00 PM ET
Accepted: May 9, 7:51 PM ET
Size: 25.6 KB

View on SEC.gov