4//SEC Filing
ERVIN GARY W. 4
Accession 0001181431-12-010101
CIK 0001133421other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 7:19 PM ET
Size
9.0 KB
Accession
0001181431-12-010101
Insider Transaction Report
Form 4
ERVIN GARY W.
Corp VP & Pres Aerospace Sys
Transactions
- Award
Restricted Performance Stock Rights
2012-02-15+51,273→ 102,688 total→ Common Stock (51,273 underlying) - Award
Restricted Stock Rights
2012-02-15+20,117→ 57,194 total→ Common Stock (20,117 underlying)
Footnotes (4)
- [F1]Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the three-year performance period ending December 31, 2014.
- [F2]Total amount includes 51,273 unvested RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/15/12 with a valuation of performance measurement period ("measurement period") ending on 12/31/14; 34,562 unvested RPSRs granted under the 2001 Long-Term Incentive Stock Plan ("2001 LTISP") on 2/16/10 with a measurement period ending on 12/31/12; and 16,853 unvested RPSRs granted under the 2001 LTISP on 2/15/11 with a measurement period ending on 12/31/13. Grants awarded pursuant to Rule 16b-3(d)(3).
- [F3]Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. The RSRs were granted under the LTISP on 2/15/12 and will vest on 2/15/15.
- [F4]Total amount includes 20,117 unvested RSRs granted under the LTISP on 2/15/12 that will vest on 2/15/15; and 37,077 RSRs granted under the 2001 LTISP on 2/15/11 that will vest on 2/15/15. Grants awarded pursuant to Rule 16b-3(d)(3).
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001413305
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 7:19 PM ET
- Size
- 9.0 KB