4//SEC Filing
Purvis Shawn N 4
Accession 0001628280-22-003054
CIK 0001133421other
Filed
Feb 16, 7:00 PM ET
Accepted
Feb 17, 4:58 PM ET
Size
12.0 KB
Accession
0001628280-22-003054
Insider Transaction Report
Form 4
Purvis Shawn N
CVP, President, Enterprise Svc
Transactions
- Exercise/Conversion
Restricted Performance Stock Rights
2022-02-15−5,671→ 7,939 total→ Common Stock (5,671 underlying) - Exercise/Conversion
Common Stock
2022-02-15+5,671→ 10,648.42 total - Tax Payment
Common Stock
2022-02-15$384.77/sh−2,481$954,614→ 8,167.42 total - Award
Restricted Performance Stock Rights
2022-02-15+1,023→ 13,610 total→ Common Stock (1,023 underlying)
Holdings
- 2,572.027(indirect: Held in Northrop Grumman Savings Plan)
Common Stock
Footnotes (3)
- [F1]Held in the Northrop Grumman Savings Plan (the Plan), a qualified defined contributions plan, as of 2/15/22. 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 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]Vested RPSRs with respect to the measurement period ended 12/31/21 acquired due to settlement of the 2019 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. A total of 5,671 shares were issued in settlement of the 2019 RPSRs with a measurement period that ended 12/31/21, and the target award amount of 4,648 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 0001725609
Filing Metadata
- Form type
- 4
- Filed
- Feb 16, 7:00 PM ET
- Accepted
- Feb 17, 4:58 PM ET
- Size
- 12.0 KB