Roshan S. Roeder - 13 Feb 2023 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
CVP & Pres. Defense Systems
Signature
/s/ Jennifer C. McGarey Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
13 Feb 2023
Net transactions value
-$34,357
Form type
4
Filing time
15 Feb 2023, 16:19:12 UTC
Previous filing
19 Oct 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 +205 +16% $0.000000 1,493 13 Feb 2023 Direct
transaction NOC Common Stock Tax liability $34,357 -74 -5% $464.28 1,419 13 Feb 2023 Direct
holding NOC Common Stock 96 13 Feb 2023 Held in Northrop Grumman Savings Plan F1
holding NOC Common Stock 2 13 Feb 2023 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
transaction NOC Restricted Stock Rights Options Exercise $0 -205 -25% $0.000000 627 13 Feb 2023 Common Stock 205 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 by reporting person's spouse in the Plan, as of 2/13/23.
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.