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NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2020
Jan 3, 2020
29899_dirs_2020-01-03_7e5aff1d-2fd8-461c-aa26-9788237e8248.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: 2019-12-31
Reporting Person: Larson Blake E (CVP & Pres, NG Space Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-12-31 | Common Stock | M | 5505.0000 | $0.0000 | Acquired | 9101.0000 | Direct |
| 2019-12-31 | Common Stock | F | 2112.0000 | $343.9700 | Disposed | 6989.0000 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-12-31 | Restricted Stock Rights | $ | M | 5505.0000 | Disposed | Common Stock (5505.0000) | Direct |
Footnotes
F1: Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 6/13/18 that vested on 12/31/19.
F2: Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
F3: Each RSR represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock.
F4: Total amount includes 2,831 RSRs granted under the LTISP on 6/13/18 that will vest on 6/13/21; and 3,283 RSRs granted under the LTISP on 2/13/19 that will vest on 2/13/22.