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NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2021
Feb 19, 2021
29899_dirs_2021-02-18_d67a6223-0e57-4f31-9f81-e385e18a6ee3.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: Jones Thomas H (CVP & Pres Aeronautics Systems)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-16 | Common Stock | M | 1188.6300 | $0.0000 | Acquired | 3695.9100 | Direct |
| 2021-02-16 | Common Stock | M | 361.0000 | $0.0000 | Acquired | 4056.9100 | Direct |
| 2021-02-16 | Common Stock | F | 126.0000 | $0.0000 | Disposed | 3930.9100 | Direct |
| 2021-02-16 | Common Stock | F | 418.0000 | $0.0000 | Disposed | 3512.9100 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-16 | Restricted Performance Stock Rights | $ | A | 7568.6300 | Acquired | Common Stock (7568.6300) | Direct | |
| 2021-02-16 | Restricted Performance Stock Rights | $ | M | 1188.6300 | Disposed | Common Stock (1188.6300) | Direct | |
| 2021-02-16 | Restricted Stock Rights | $ | A | 3284.0000 | Acquired | Common Stock (3284.0000) | Direct | |
| 2021-02-16 | Restricted Stock Rights | $ | M | 361.0000 | Disposed | Common Stock (361.0000) | 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.