(NOC)

Reporting relationship: CVP & Pres, Space Systems
Issuer ticker: NOC
Reported as of: 14 Jun 2021
Net transaction value: -$454,493
SEC form: 4
Accepted by SEC: 16 Jun 2021, 16:25:34 UTC
Next SEC filing: 04 Oct 2021
Source filing: View source filing
Reporting owner signature: /s/ Jennifer C. McGarey, Attorney-in-Fact

Key filing fact

Blake E. Larson filed Form 4 for NORTHROP GRUMMAN CORP /DE/ (NOC) on 16 Jun 2021.

Key facts

This page summarizes Blake E. Larson's Form 4 filing for NORTHROP GRUMMAN CORP /DE/ (NOC).
3 reported transactions and 1 derivative row are listed below.
Accepted by SEC: 16 Jun 2021, 16:25.

Change

No earlier filing in this sequence is available for direct comparison.
Current net transaction value: -$454,493.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NOC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +2,831
Change %: +25%
Price: $0.000000
Shares after: 14,094
Date: 14 Jun 2021
Ownership: Direct
Footnotes: F1, F2

NOC transaction

Common Stock

Tax liability

Transaction value: $454,493
Shares: -1,221
Change %: -8.7%
Price: $372.23
Shares after: 12,873
Date: 14 Jun 2021
Ownership: Direct
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NOC transaction Derivative

Restricted Stock Rights

Award

Transaction value: $0
Shares: -2,831
Change %: -19%
Price: $0.000000
Shares after: 12,350
Date: 14 Jun 2021
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 2,831
Exercise price
Footnotes: F2, F3

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 3 footnotes

Footnote F1

In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (June 13, 2021) fell on a weekend, the award shares vested on June 14, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on June 14, 2021. The shares will be distributed into the participant's account on June 15, 2021.

Footnote F2

Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 6/13/2018 that vested on 6/14/2021.

Footnote F3

Each 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.