4//SEC Filing
Addison Ann M 4
Accession 0001628280-22-003047
CIK 0001133421other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:46 PM ET
Size
14.6 KB
Accession
0001628280-22-003047
Insider Transaction Report
Form 4
Addison Ann M
Corporate Vice President
Transactions
- Exercise/Conversion
Common Stock
2022-02-15+5,041.04→ 10,452.84 total - Tax Payment
Common Stock
2022-02-15$384.77/sh−2,162$831,873→ 8,290.84 total - Award
Restricted Stock Rights
2022-02-15+1,638→ 5,135 total→ Common Stock (1,638 underlying) - Award
Restricted Performance Stock Rights
2022-02-15+4,496→ 16,567 total→ Common Stock (4,496 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2022-02-15−5,041.04→ 11,525.96 total→ Common Stock (5,041.04 underlying)
Holdings
- 201.78(indirect: Held in Northrop Grumman Savings Plan)
Common Stock
Footnotes (4)
- [F1]Held in the Northrop Grumman Savings Plan (the Plan), a qualified defined contribution plan, as of February 15, 2022. 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 Restricted Stock Right ("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. The RSRs were granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/15/22 and will vest on 2/18/25.
- [F3]Each Restricted Performance Stock Right ("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) 909 vested RPSRs with respect to the measurement period ended 12/31/21 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/13/19 that resulted in settlement at 122% of the target award; and (ii) 3,587 unvested RPSRs granted under the LTISP on 2/15/22 with a measurement period ending on 12/31/24. A total of 5,041.04 shares were issued in settlement of the 2019 RPSRs with a measurement period that ended 12/31/21, and the target award amount of 4,132 RPSRs was previously reported in connection with the grant of the 2019 RPSRs.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001682425
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:46 PM ET
- Size
- 14.6 KB