Perry David T. - 13 Feb 2023 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
Corporate Vice President
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
13 Feb 2023
Net transactions value
-$221,926
Form type
4
Filing time
15 Feb 2023, 16:12:12 UTC
Previous filing
28 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 +17% $0.000000 10,439 13 Feb 2023 Direct
transaction NOC Common Stock Tax liability $221,926 -478 -4.6% $464.28 9,961 13 Feb 2023 Direct
holding NOC Common Stock 48 13 Feb 2023 Held in Northrop Grumman Savings Plan F1
holding NOC Common Stock 553 13 Feb 2023 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 -1,527 -31% $0.000000 3,444 13 Feb 2023 Common Stock 1,527 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 contribution plan, as of February 13, 2023. 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 2/13/2023. 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 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 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.