ERVIN GARY W. 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Aug 17, 2012
Insider Transaction Report
Form 4
ERVIN GARY W.
Corp VP & Pres Aerospace Sys
Transactions
- Exercise/Conversion
Stock Option (Right-to-buy)
2012-08-15−13,125→ 0 totalExercise: $47.99Exp: 2014-06-14→ Common Stock (13,125 underlying) - Sale
Common Stock
2012-08-15$68.24/sh−13,125$895,650→ 0 total - Exercise/Conversion
Common Stock
2012-08-15$47.99/sh+13,125$629,869→ 13,125 total
Holdings
- 7,364.275(indirect: Held in Northrop Grumman Savings & Investment Plan)
Common Stock
- 10,155(indirect: By Trust)
Common Stock
Footnotes (3)
- [F1]Represents the weighted average sale price of $68.24 rounded to the nearest hundredth. The highest price at which the shares sold was $68.28 and the lowest price at which the shares sold was $68.22. 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 range set forth in this footnote in this Form 4.
- [F2]Held in the Northrop Grumman Savings and Investment Plan (the "Plan"), a qualified profit sharing plan, as of August 15, 2012. 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]The option is fully exercisable.