PITTS JAMES F 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 22, 2012
Insider Transaction Report
Form 4
PITTS JAMES F
Corp VP & Pres, Electron. Sys.
Transactions
- Exercise/Conversion
Common Stock
2012-02-21$52.48/sh+16,406$860,987→ 95,269 total - Exercise/Conversion
Stock Option (Right-to-Option)
2012-02-21−16,406→ 0 totalExercise: $52.48Exp: 2012-08-20→ Common Stock (16,406 underlying) - Sale
Common Stock
2012-02-21$60.09/sh−56,406$3,389,437→ 38,863 total
Footnotes (2)
- [F1]The price reported is a weighted average price. These shares were sold in multiple transactions at prices ranging from $59.95 to $60.31, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.
- [F2]The option is fully exercisable.