Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOC | Common Stock | Options Exercise | $0 | +4.94K | +4.37% | $0.00 | 118K | Sep 20, 2021 | Direct | F1, F2 |
transaction | NOC | Common Stock | Tax liability | -$778K | -2.23K | -1.89% | $348.81 | 116K | Sep 20, 2021 | Direct | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOC | Restricted Stock Rights | Options Exercise | $0 | -4.94K | -10.89% | $0.00 | 40.5K | Sep 20, 2021 | Common Stock | 4.94K | Direct | F2, F3 |
Id | Content |
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F1 | In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (September 19, 2021) fell on a weekend, the award shares vested on September 20, 2021, the next business day. The vested award shares were valued based on the Company's closing stock price on September 20, 2021. The shares will be distributed into the participant's account on September 21, 2021. |
F2 | Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 9/19/2018 that vested on 9/20/2021. |
F3 | Each 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. |