David T. Perry - Feb 14, 2022 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
CVP Chief Global Bus Off
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Stock symbol
NOC
Transactions as of
Feb 14, 2022
Transactions value $
-$233,188
Form type
4
Date filed
2/16/2022, 04:05 PM
Next filing
Feb 17, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +1.97K +26.57% $0.00 9.38K Feb 14, 2022 Direct
transaction NOC Common Stock Tax liability -$233K -597 -6.36% $390.60 8.79K Feb 14, 2022 Direct
holding NOC Common Stock 47.4 Feb 14, 2022 Held in Northrop Grumman Savings Plan F1
holding NOC Common Stock 546 Feb 14, 2022 Held in Northrop Grumman Financial Security and Savings Program F2

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 -1.97K -36.03% $0.00 3.5K Feb 14, 2022 Common Stock 1.97K Direct F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the Northrop Grumman Savings Plan (the Plan), a qualified defined contributions plan, as of 2/14/2022. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.
F2 Held in the Northrop Grumman Financial Security and Savings Program (the "Program"), as of 2/14/2022. Share totals with respect to the Program are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.
F3 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.
F4 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.