4//SEC Filing
Antkowiak Patrick M. 4
Accession 0001225208-19-002764
CIK 0001133421other
Filed
Feb 14, 7:00 PM ET
Accepted
Feb 15, 4:23 PM ET
Size
14.8 KB
Accession
0001225208-19-002764
Insider Transaction Report
Form 4
Antkowiak Patrick M.
Corp VP & CTO
Transactions
- Tax Payment
Common Stock
2019-02-13−1,502→ 8,044.37 total - Exercise/Conversion
Common Stock
2019-02-13+4,175.65→ 9,546.37 total - Award
Restricted Performance Stock Rights
2019-02-13+3,126.65→ 11,796.65 total→ Common Stock (3,126.65 underlying) - Award
Restricted Stock Rights
2019-02-13+1,094→ 4,921 total→ Common Stock (1,094 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2019-02-13−4,175.65→ 7,621 total→ Common Stock (4,175.65 underlying)
Footnotes (8)
- [F1]Shares expected to be issued in settlement of Restricted Performance Stock Rights ("RPSRs") granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/17/16 with a valuation of performance measurement period ("measurement period") that ended 12/31/18. RPSRs to be settled at 115% of target. The shares are anticipated to be distributed into the participant's account on February 14, 2019.
- [F2]Shares surrendered to issuer in payment of tax liability in connection with settlement of RPSRs in accordance with Rule 16b-3(e).
- [F3]Each RPSR represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d).
- [F4]The RPSRs acquired include (i) 544.65 vested RPSRs with respect to the measurement period ended 12/31/18 acquired due to settlement of the 2016 RPSRs held at 115% of the target award; and (ii) 2,582 unvested RPSRs granted under the LTISP on 2/13/19 with a measurement period ending on 12/31/21.
- [F5]Total amount includes 4,175.65 vested RPSRs granted under the LTISP on 2/17/16 with a measurement period ended on 12/31/18; 2,582 RPSRs granted on 2/13/19 with a measurement period ending on 12/31/21; 1,989 RPSRs granted on 2/13/18 with a measurement period ending on 12/31/20; and 3,050 RPSRs granted on 2/17/17 with a measurement period ending on 12/31/19.
- [F6]Total amount includes 2,582 RPSRs granted on 2/13/19 with a measurement period ending on 12/31/21; 1,989 RPSRs granted on 2/13/18 with a measurement period ending on 12/31/20; and 3,050 RPSRs granted on 2/17/17 with a measurement period ending on 12/31/19.
- [F7]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 2/13/19 and will vest on 2/13/22.
- [F8]Total amount includes 1,094 RSRs granted under the LTISP on 2/13/19 that will vest on 2/13/22; 903 RSRs granted under the LTISP on 2/13/18 that will vest on 2/13/21; 1,276 RSRs granted under the LTISP on 2/17/17 that will vest on 2/17/20; and 1,648 RSRs granted under the LTISP on 2/17/16 that will vest on 2/17/19.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001626333
Filing Metadata
- Form type
- 4
- Filed
- Feb 14, 7:00 PM ET
- Accepted
- Feb 15, 4:23 PM ET
- Size
- 14.8 KB