4//SEC Filing
DAVIS LISA R 4
Accession 0001225208-17-013104
CIK 0001133421other
Filed
Aug 1, 8:00 PM ET
Accepted
Aug 2, 10:34 AM ET
Size
9.1 KB
Accession
0001225208-17-013104
Insider Transaction Report
Form 4
DAVIS LISA R
Corp VP, Communications
Transactions
- Exercise/Conversion
Common Stock
2017-07-29+1,315→ 1,907.07 total - Tax Payment
Common Stock
2017-07-29$264.10/sh−579$152,914→ 1,328.07 total - Exercise/Conversion
Restricted Stock Rights
2017-07-29−1,315→ 3,333 total→ Common Stock (1,315 underlying)
Footnotes (4)
- [F1]In light of the vesting date, Saturday, July 29, 2017, and in accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), award shares were valued based on the Company's closing stock price on July 28, 2017, the immediately preceding business day. The shares were distributed into the participant's account on July 31, 2017.
- [F2]Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
- [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 7/29/14 and vested on 7/29/17.
- [F4]Total amount includes 1,276 RSRs granted under the LTISP on 2/17/17 that will vest on 2/17/20; 1,648 RSRs granted under the LTISP on 2/17/16 that will vest on 2/17/19; and 409 RSRs granted under the LTISP on 2/18/15 that will vest on 2/18/18.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001668228
Filing Metadata
- Form type
- 4
- Filed
- Aug 1, 8:00 PM ET
- Accepted
- Aug 2, 10:34 AM ET
- Size
- 9.1 KB