Petryszyn Mary D 4
4 · NORTHROP GRUMMAN CORP /DE/ · Filed Feb 21, 2023
Insider Transaction Report
Form 4
Petryszyn Mary D
CVP, Pres, Defense Systems
Transactions
- Exercise/Conversion
Common Stock
2023-02-16+8,112.15→ 16,251.33 total - Tax Payment
Common Stock
2023-02-16$465.35/sh−3,659$1,702,716→ 12,592.33 total - Award
Restricted Performance Stock Rights
2023-02-16+2,103.15→ 20,716.15 total→ Common Stock (2,103.15 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2023-02-16−8,112.15→ 12,604 total→ Common Stock (8,112.15 underlying)
Footnotes (2)
- [F1]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).
- [F2]The RPSRs acquired are vested RPSRs with respect to the measurement period ended 12/31/22 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that resulted in settlement at 135% of the target award. A total of 8,112.15 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 6,009 RPSRs was previously reported in connection with the grant of the 2020 RPSRs.