4//SEC Filing
Larson Blake E 4
Accession 0001628280-21-012332
CIK 0001133421other
Filed
Jun 15, 8:00 PM ET
Accepted
Jun 16, 4:25 PM ET
Size
9.0 KB
Accession
0001628280-21-012332
Insider Transaction Report
Form 4
Larson Blake E
Vice PresidentOther
Transactions
- Exercise/Conversion
Common Stock
2021-06-14+2,831→ 14,094.1 total - Award
Restricted Stock Rights
2021-06-14−2,831→ 12,350 total→ Common Stock (2,831 underlying) - Tax Payment
Common Stock
2021-06-14$372.23/sh−1,221$454,493→ 12,873.1 total
Footnotes (3)
- [F1]In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (June 13, 2021) fell on a weekend, the award shares vested on June 14, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on June 14, 2021. The shares will be distributed into the participant's account on June 15, 2021.
- [F2]Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 6/13/2018 that vested on 6/14/2021.
- [F3]Each RSR represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001313857
Filing Metadata
- Form type
- 4
- Filed
- Jun 15, 8:00 PM ET
- Accepted
- Jun 16, 4:25 PM ET
- Size
- 9.0 KB