4//SEC Filing
Ryan Lucy C 4
Accession 0001628280-21-021421
CIK 0001133421other
Filed
Nov 2, 8:00 PM ET
Accepted
Nov 3, 3:32 PM ET
Size
9.0 KB
Accession
0001628280-21-021421
Insider Transaction Report
Form 4
Ryan Lucy C
Corp VP, Communications
Transactions
- Exercise/Conversion
Common Stock
2021-11-01+303→ 1,541.44 total - Tax Payment
Common Stock
2021-11-01$354.85/sh−92$32,646→ 1,449.44 total - Exercise/Conversion
Restricted Stock Rights
2021-11-01−303→ 1,823 total→ Common Stock (303 underlying)
Footnotes (3)
- [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 10/30/2018 that vested on 11/1/2021.
- [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 0001762551
Filing Metadata
- Form type
- 4
- Filed
- Nov 2, 8:00 PM ET
- Accepted
- Nov 3, 3:32 PM ET
- Size
- 9.0 KB