Addison Ann M 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Nov 3, 2021
Insider Transaction Report
Form 4
Addison Ann M
Corporate Vice President
Transactions
- Tax Payment
Common Stock
2021-11-01$354.85/sh−402$142,650→ 4,193.8 total - Exercise/Conversion
Common Stock
2021-11-01+891→ 4,595.8 total - Exercise/Conversion
Restricted Stock Rights
2021-11-01−891→ 5,248 total→ Common Stock (891 underlying)
Holdings
- 188.186(indirect: Held in Northrop Grumman Savings Plan)
Common Stock
Footnotes (4)
- [F1]In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (October 30, 2021) fell on a weekend, the award shares vested on November 1, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on November 1, 2021. The shares will be distributed into the participant's account on November 2, 2021.
- [F2]Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 10/31/2018 that vested on 11/1/2021.
- [F3]Held in the Northrop Grumman Savings Plan (the Plan), a qualified defined contribution plan, as of November 1, 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.
- [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.