Purvis Shawn N 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 18, 2021
Insider Transaction Report
Form 4
Purvis Shawn N
CVP, President, Enterprise Svc
Transactions
- Award
Restricted Performance Stock Rights
2021-02-16+4,513→ 16,346 total→ Common Stock (4,513 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2021-02-16−3,759→ 12,587 total→ Common Stock (3,759 underlying) - Award
Restricted Stock Rights
2021-02-16+1,970→ 7,093 total→ Common Stock (1,970 underlying) - Exercise/Conversion
Restricted Stock Rights
2021-02-16−1,626→ 5,467 total→ Common Stock (1,626 underlying) - Exercise/Conversion
Common Stock
2021-02-16+3,759→ 8,294.42 total - Exercise/Conversion
Common Stock
2021-02-16+1,626→ 9,920.42 total - Tax Payment
Common Stock
2021-02-16−734→ 9,186.42 total - Tax Payment
Common Stock
2021-02-16−1,189→ 7,997.42 total - Discretionary Transaction
Common Stock
2021-02-03$300.74/sh−5,202.557$1,564,617→ 0 total(indirect: By Spouse)
Holdings
- 2,537.003(indirect: Held in Northrop Grumman Savings & Investment Plan)
Common Stock
Footnotes (5)
- [F1]Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contribution plan, as of February 16, , 2021. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.
- [F2]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).
- [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 2/16/21 and will vest on 2/16/24.
- [F4]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.
- [F5]Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/13/18 that vested on 2/16/21.