NORTHROP GRUMMAN CORP /DE/ 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Jan 5, 2016
Insider Transaction Report
Form 4
HERNANDEZ WILLIAM H
Director
Transactions
- Other
Common Stock
2016-01-01$188.81/sh+282$53,244→ 3,463 total - Other
Common Stock
2015-12-31$188.81/sh+187$35,307→ 3,181 total
Footnotes (5)
- [F1]Represents shares of common stock deferred into a stock unit account, including dividends, pursuant to the Northrop Grumman 2011 Long-Term Incentive Stock Plan in a transaction exempt pursuant to Rule 16b-3.
- [F2]Amount includes (i) 1,000 shares of common stock; and (ii) 2,181 shares of common stock held in a stock unit account pursuant to the Northrop Grumman 2011 Long-Term Incentive Stock Plan.
- [F3]Represents shares of common stock deferred into a stock unit account pursuant to the Northrop Grumman 2011 Long-Term Incentive Stock Plan in a transaction exempt pursuant to Rule 16b-3.
- [F4]The amount represents a one-time transition grant of stock units pursuant to the Company's Equity Grant Program for Non-Employee Directors under the Northrop Grumman 2011 Long-Term Incentive Stock Plan, as amended and restated effective January 1, 2016.
- [F5]Amount includes (i) 1,000 shares of common stock and (ii) 2,463 shares of common stock held in a stock unit account pursuant to the Northrop Grumman 2011 Long-Term Incentive Stock Plan.