Filing Details

Accession Number:
0001225208-16-027589
Form Type:
4
Zero Holdings:
No
Publication Time:
2016-02-23 16:44:10
Reporting Period:
2016-02-19
Filing Date:
2016-02-23
Accepted Time:
2016-02-23 16:44:10
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1133421 Northrop Grumman Corp NOC Search, Detection, Navagation, Guidance, Aeronautical Sys (3812) 800640649
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1555175 T David Perry 2980 Fairview Park Drive
Falls Church VA 22042
Cvp Chief Global Bus Dev Off No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Disposition 2016-02-19 8,254 $192.16 23,916 No 4 S Direct
Common Stock Acquisiton 2016-02-20 7,268 $0.00 31,184 No 4 M Direct
Common Stock Disposition 2016-02-20 3,467 $190.68 27,717 No 4 F Direct
Common Stock Disposition 2016-02-22 4,944 $190.78 22,773 No 4 S Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 S Direct
No 4 M Direct
No 4 F Direct
No 4 S Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Restricted Stock Rights Disposition 2016-02-20 7,268 $0.00 7,268 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
10,172 No 4 M Direct
Reported Non-Derivative Holdings
Sec. Name Remaning Holdings Nature of Ownership Explanation
Common Stock 498 Indirect Held in Northrop Grumman Financial Security and Savings Program
Common Stock 43 Indirect Held in Northrop Grumman Savings & Investment Plan
Footnotes
  1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
  2. In light of the vesting date, Saturday, February 20, 2016, and in accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), award shares were valued based on the Company's closing stock price on February 19, 2016, the immediately preceding business day. The shares were distributed into the participant's account on February 22, 2016.
  3. Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/20/13 that vested on 2/20/16.
  4. Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
  5. 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.
  6. Total amount includes 2,884 RSRs granted under the LTISP on 2/17/16 that will vest on 2/17/19; 3,256 RSRs granted under the LTISP on 2/18/15 that will vest on 2/18/18; and 4,032 RSRs granted under the LTISP on 2/19/14 that will vest on 2/19/17.