Thomas L. Wilson Jr. - 14 Feb 2022 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
CVP and Pres. Space Systems
Signature
Jennifer C. McGarey
Issuer symbol
NOC
Transactions as of
14 Feb 2022
Net transactions value
-$42,185
Form type
4
Filing time
16 Feb 2022, 15:34:53 UTC
Previous filing
10 Jan 2022
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +328 +20% $0.000000 1,957 14 Feb 2022 Direct
transaction NOC Common Stock Tax liability $42,185 -108 -5.5% $390.60 1,849 14 Feb 2022 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

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 -328 -34% $0.000000 640 14 Feb 2022 Common Stock 328 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Shares issued upon vesting of RSRs granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/13/19 that vested on 2/14/22.