AI assistant
NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2021
Feb 19, 2021
29899_dirs_2021-02-18_00abd3d9-4358-4701-a222-91484eca99f3.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: 2021-02-16
Reporting Person: Hardesty Michael A (Corp VP, Controller & CAO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2021-02-16 | Common Stock | M | 2079.7500 | $0.0000 | Acquired | 6475.9500 | Direct |
| 2021-02-16 | Common Stock | M | 632.0000 | $0.0000 | Acquired | 7107.9500 | Direct |
| 2021-02-16 | Common Stock | F | 191.0000 | $0.0000 | Disposed | 6916.9500 | Direct |
| 2021-02-16 | Common Stock | F | 638.0000 | $0.0000 | Disposed | 6278.9500 | Direct |
| 2021-02-16 | Common Stock | S | 1016.0000 | $296.8700 | Disposed | 5262.9500 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2021-02-16 | Restricted Performance Stock Rights | $ | A | 2290.7500 | Acquired | Common Stock (2290.7500) | Direct | |
| 2021-02-16 | Restricted Performance Stock Rights | $ | M | 2079.7500 | Disposed | Common Stock (2079.7500) | Direct | |
| 2021-02-16 | Restricted Stock Rights | $ | A | 766.0000 | Acquired | Common Stock (766.0000) | Direct | |
| 2021-02-16 | Restricted Stock Rights | $ | M | 632.0000 | Disposed | Common Stock (632.0000) | 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.