4//SEC Filing
Kalan Lesley A 4
Accession 0001628280-22-003049
CIK 0001133421other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:47 PM ET
Size
13.4 KB
Accession
0001628280-22-003049
Insider Transaction Report
Form 4
Kalan Lesley A
Corp VP, Government Relations
Transactions
- Tax Payment
Common Stock
2022-02-15$384.77/sh−2,162$831,873→ 14,115.99 total - Award
Restricted Performance Stock Rights
2022-02-15+4,138→ 16,209 total→ Common Stock (4,138 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2022-02-15−5,041→ 11,168 total→ Common Stock (5,041 underlying) - Exercise/Conversion
Common Stock
2022-02-15+5,041→ 16,277.99 total - Award
Restricted Stock Rights
2022-02-15+1,474→ 4,971 total→ Common Stock (1,474 underlying)
Footnotes (3)
- [F1]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.
- [F2]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).
- [F3]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) 3,229 unvested RPSRs granted under the LTISP on 2/15/22 with a measurement period ending on 12/31/24. A total of 5,041 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 0001725864
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:47 PM ET
- Size
- 13.4 KB