Lesley A. Kalan - 13 Feb 2023 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
CVP, Chief Strategy & Dev Ofc
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
13 Feb 2023
Net transactions value
-$216,354
Form type
4
Filing time
15 Feb 2023, 16:07:39 UTC
Previous filing
17 Feb 2022
Next filing
21 Feb 2023
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 +1,527 +11% $0.000000 15,643 13 Feb 2023 Direct
transaction NOC Common Stock Tax liability $216,354 -466 -3% $464.28 15,177 13 Feb 2023 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 -1,527 -31% $0.000000 3,444 13 Feb 2023 Common Stock 1,527 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 2/12/20 that vested on 2/13/23.