AI assistant
NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2010
Feb 18, 2010
29899_dirs_2010-02-18_c1340821-ed59-4686-a575-0a5a8efef57f.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK: 0001133421
Period of Report: 2010-02-16
Reporting Person: RABINOWITZ MARK (Corp. VP & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-02-16 | Common Stock | F | 1755 | $59.56 | Disposed | 26185 | Direct |
| 2010-02-16 | Common Stock | J | 715 | $59.56 | Disposed | 25470 | Direct |
| 2010-02-16 | Common Stock | A | 11867 | $59.56 | Acquired | 37337 | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 774.639 | Indirect |
Footnotes
F1: Total amount includes 6,550 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with a valuation of performance measurement period ("measurement period") ending on 12/31/10; and 9,925 unvested RPSRs granted under the 2001 LTISP on 2/17/09, with measurement period ending 12/31/11. Grants awarded pursuant to Rule 16b-3(d).
F2: The measurement period for this installment of Restricted Performance Stock Rights (RPSRs) ended on 12/31/09, and the decrease in the number of shares represent a payout below the target for the 2009 performance period.
F3: Total amount includes 6,550 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with a valuation of performance measurement period ("measurement period") ending on 12/31/10; 9,925 unvested RPSRs granted under the 2001 LTISP on 2/17/09, with measurement period ending 12/31/11; and 11,867 unvested RPSRs granted under the 2001 LTISP on 2/16/10, with measurement period ending 12/31/12. Grants awarded pursuant to Rule 16b-3(d).
F4: Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of January 29, 2010. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a decrease in units attributable to an individual though no disposition occurred.