NORTHROP GRUMMAN CORP /DE/ 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Mar 12, 2014
Insider Transaction Report
Form 4
SHARER KEVIN W
Director
Transactions
- Exercise/Conversion
Common Stock
2014-03-10$45.75/sh+3,281$150,106→ 45,507 total - Sale
Common Stock
2014-03-10$122.63/sh−6,562$804,722→ 38,945 total - Exercise/Conversion
Stock Option (Right-to-buy)
2014-03-10−3,281→ 0 totalExercise: $50.55Exp: 2015-05-20→ Common Stock (3,281 underlying) - Exercise/Conversion
Stock Option (Right-to-buy)
2014-03-10−3,281→ 0 totalExercise: $45.75Exp: 2014-05-21→ Common Stock (3,281 underlying) - Exercise/Conversion
Common Stock
2014-03-10$50.55/sh+3,281$165,855→ 42,226 total
Footnotes (3)
- [F1]Represents the weighted average sale price of $122.63 rounded to the nearest hundredth. The highest price at which the shares were sold was $122.64 and the lowest price at which the shares were sold was $122.63. 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]Amount includes (i) 2,995 shares of common stock; and (ii) 35,950 shares of common stock held in a stock unit account pursuant to the Northrop Grumman 2011 Long-Term Incentive Stock Plan and the 1993 Stock Plan for Non-Employee Directors.
- [F3]The option is fully exercisable.