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NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2021
Feb 19, 2021
29899_dirs_2021-02-18_1591158c-3060-431f-bf94-eef30cccea06.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: 2021-02-16
Reporting Person: Kalan Lesley A (CVP, Chief Strategy & Dev Ofc)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-16 | Common Stock | M | 3341.1000 | $0.0000 | Acquired | 14110.9900 | Direct |
| 2021-02-16 | Common Stock | M | 1445.0000 | $0.0000 | Acquired | 15555.9900 | Direct |
| 2021-02-16 | Common Stock | F | 652.0000 | $0.0000 | Disposed | 14903.9900 | Direct |
| 2021-02-16 | Common Stock | F | 1013.0000 | $0.0000 | Disposed | 13890.9900 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-16 | Restricted Performance Stock Rights | $ | A | 4493.1000 | Acquired | Common Stock (4493.1000) | Direct | |
| 2021-02-16 | Restricted Performance Stock Rights | $ | M | 3341.1000 | Disposed | Common Stock (3341.1000) | Direct | |
| 2021-02-16 | Restricted Stock Rights | $ | A | 1970.0000 | Acquired | Common Stock (1970.0000) | Direct | |
| 2021-02-16 | Restricted Stock Rights | $ | M | 1445.0000 | Disposed | Common Stock (1445.0000) | Direct |
Footnotes
F1: Each 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: Each Restricted Stock Right ("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. The RSRs were granted under the LTISP on 2/16/21 and will vest on 2/16/24.
F3: Each Restricted Stock Right ("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: Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/13/18 that vested on 2/16/21.