4//SEC Filing
ROEDER ROSHAN S 4
Accession 0001628280-24-005303
CIK 0001133421other
Filed
Feb 15, 7:00 PM ET
Accepted
Feb 16, 2:18 PM ET
Size
15.4 KB
Accession
0001628280-24-005303
Insider Transaction Report
Form 4
ROEDER ROSHAN S
CVP & Pres. Mission Systems
Transactions
- Award
Restricted Stock Rights
2024-02-14+2,356→ 5,328 total→ Common Stock (2,356 underlying) - Award
Restricted Performance Stock Rights
2024-02-14+5,435.58→ 11,189.58 total→ Common Stock (5,435.58 underlying) - Tax Payment
Common Stock
2024-02-14$446.37/sh−353$157,569→ 1,600.11 total - Exercise/Conversion
Common Stock
2024-02-14+1,040.58→ 1,953.11 total - Exercise/Conversion
Restricted Performance Stock Rights
2024-02-14−1,040.58→ 10,149 total→ Common Stock (1,040.58 underlying)
Holdings
- 2.986(indirect: By Spouse)
Common Stock
- 101.391(indirect: Held in Northrop Grumman Savings Plan)
Common Stock
Footnotes (5)
- [F1]Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contribution plan, as of 2/14/24. 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]Held by reporting person's spouse in the Plan, as of 2/14/24.
- [F3]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 2/14/24 and will vest on 2/14/27.
- [F4]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).
- [F5]The RPSRs acquired include (i) 302.58 vested RPSRs with respect to the measurement period ended 12/31/23 acquired due to settlement of the RPSRs granted under the LTISP on 2/16/21 that resulted in settlement at 141% of the target award; and (ii) 5,133 unvested RPSRs granted under the LTISP on 2/14/24 with a measurement period ending on 12/31/26. A total of 1,040.58 shares were issued in settlement of the 2021 RPSRs with a measurement period that ended 12/31/23, and the target award amount of 738 RPSRs was previously reported on Form 3.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001950117
Filing Metadata
- Form type
- 4
- Filed
- Feb 15, 7:00 PM ET
- Accepted
- Feb 16, 2:18 PM ET
- Size
- 15.4 KB