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NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2013
Dec 4, 2013
29899_dirs_2013-12-04_8d38989c-6950-41dd-aafe-0ef5baf8faa2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK: 0001133421
Period of Report: 2013-12-02
Reporting Person: VICE THOMAS E (Corp VP & Pres Aerospace Sys)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-12-02 | Common Stock | M | 28685.0000 | $63.2200 | Acquired | 41777.5000 | Direct |
| 2013-12-02 | Common Stock | M | 13883.0000 | $53.8700 | Acquired | 55660.5000 | Direct |
| 2013-12-02 | Common Stock | S | 2332.0000 | $112.3904 | Disposed | 53328.5000 | Direct |
| 2013-12-02 | Common Stock | S | 37907.0000 | $112.5059 | Disposed | 15421.5000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-12-02 | Stock Option (Right-to-buy) | $63.2200 | M | 28685.0000 | Disposed | 2018-02-15 | Common Stock (28685.0000) | Direct |
| 2013-12-02 | Stock Option (Right-to-buy) | $53.8700 | M | 13883.0000 | Disposed | 2017-08-03 | Common Stock (13883.0000) | Direct |
Footnotes
F1: Represents the weighted average sale price of $112.39 rounded to the nearest hundredth. The highest price at which the shares were sold was $113.15 and the lowest price at which the shares were sold was $111.61. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
F2: Represents the weighted average sale price of $112.51 rounded to the nearest hundredth. The highest price at which the shares were sold was $112.71 and the lowest price at which the shares were sold was $112.14. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
F3: The remaining 14,344 shares subject to option will vest on 2/15/14.
F4: The option is fully exercisable.