Roshan S. Roeder - Oct 17, 2022 Form 3 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
CVP & Pres. Defense Systems
Signature
/s/ Jennifer C. McGarey Attorney-in-Fact
Stock symbol
NOC
Transactions as of
Oct 17, 2022
Transactions value $
$0
Form type
3
Date filed
10/19/2022, 11:03 AM
Next filing
Feb 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % Price $ Shares After Date Ownership Footnotes
holding NOC Common Stock 1.29K Oct 17, 2022 Direct
holding NOC Common Stock 94.6 Oct 17, 2022 Held in Northrop Grumman Savings Plan F1
holding NOC Common Stock 0.686 Oct 17, 2022 By Spouse 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
holding NOC Restricted Stock Rights Oct 17, 2022 Common Stock 832 Direct F3, F4
holding NOC Restricted Performance Stock Rights Oct 17, 2022 Common Stock 1.86K Direct F5, F6

Explanation of Responses:

Id Content
F1 Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contributions plan, as of 10/17/22. 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 by reporting person's spouse in the Plan, as of 10/17/22.
F3 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.
F4 Total amount includes (i) 205 unvested RSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that will vest on 2/13/23; 335 RSRs granted under the LTISP on 2/16/21 that will vest on 2/16/24; and 292 RSRs granted under the LTISP on 2/15/22 that will vest on 2/18/25. Grants awarded pursuant to Rule 16b-3(d).
F5 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).
F6 Total amount includes (i) 479 unvested RPSRs granted under the LTISP on 2/12/20 with a measurement period ending on 12/31/22; (ii) 738 unvested RPSRs granted under the LTISP on 2/16/21 with a measurement period ending on 12/31/23; and (iii) 640 unvested RPSRs granted under the LTISP on 2/15/22 with a measurement period ending on 12/31/24. Grants awarded pursuant to Rule 16b-3(d).