LIVANOS ALEXANDER C 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 16, 2012
Insider Transaction Report
Form 4
LIVANOS ALEXANDER C
Corp. VP & Pres. Space Tech.
Transactions
- Tax Payment
Common Stock
2012-02-14$60.21/sh−8,231$495,589→ 67,229 total - Award
Common Stock
2012-02-14$60.21/sh+21,348$1,285,363→ 75,460 total
Footnotes (3)
- [F1]Shares issued in settlement of 13,343 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") ended 12/31/11. The performance shares were settled at 160% of the target award.
- [F2]Total amount includes 47,869 shares of common stock; 14,109 unvested RPSRs granted under the LTISP on 2/16/10 with a measurement period ending on 12/31/12; 6,741 unvested RPSRs granted under the LTISP on 2/15/11 with a measurement period ending on 12/31/13; and 6,741 Restricted Stock Rights ("RSRs") granted under the LTISP on 2/15/11 that will vest on 2/15/15. Grants awarded pursuant to Rule 16b-3(d).
- [F3]Total amount includes 39,638 shares of common stock; 14,109 unvested RPRs granted under the LTISP on 2/16/10 with a measurement period ending on 12/31/12; 6,741 unvested RPSRs granted under the LTISP on 2/15/11 with a measurement period ending on 12/31/13; and 6,741 RSRs granted under the LTISP on 2/15/11 that will vest on 2/15/15. Grants awarded pursuant to Rule 16b-3(d).