Filing Details
- Accession Number:
- 0001628280-23-004322
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2023-02-21 16:34:06
- Reporting Period:
- 2023-02-16
- Accepted Time:
- 2023-02-21 16:34:06
- 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 |
|---|---|---|---|---|---|---|---|
| 1834674 | H Thomas Jones | 2980 Fairview Park Drive Falls Church VA 22042 | Cvp & Pres Aeronautics Systems | 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 | Acquisiton | 2023-02-16 | 1,324 | $0.00 | 4,174 | No | 4 | M | Direct | |
| Common Stock | Disposition | 2023-02-16 | 458 | $465.35 | 3,716 | No | 4 | F | Direct | |
| Common Stock | Disposition | 2023-02-17 | 440 | $465.44 | 3,276 | No | 4 | S | Direct |
| Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
|---|---|---|---|---|
| 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 | Acquisiton | 2023-02-16 | 2,152 | $0.00 | 2,152 | $0.00 |
| Common Stock | Restricted Performance Stock Rights | Acquisiton | 2023-02-16 | 5,155 | $0.00 | 5,155 | $0.00 |
| Common Stock | Restricted Performance Stock Rights | Disposition | 2023-02-16 | 1,324 | $0.00 | 1,324 | $0.00 |
| Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
|---|---|---|---|---|---|---|
| 7,893 | No | 4 | A | Direct | ||
| 18,597 | No | 4 | A | Direct | ||
| 17,273 | No | 4 | M | Direct |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in 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 Long-Term Incentive Stock Plan ("LTISP") on 2/16/23 and will vest on 2/17/26.
- Each Restricted Performance Stock Right ("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).
- The RPSRs acquired include (i) 486.04 vested RPSRs with respect to the measurement period ended 12/31/22 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that resulted in settlement at 158% of the target award; and (ii) 4,669 unvested RPSRs granted under the LTISP on 2/16/23 with a measurement period ending on 12/31/25. A total of 1,324.04 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 838 RPSRs was previously reported in connection with the grant of the 2020 RPSRs.
Billionaire Hedge Funds
