Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOC | Common Stock | Options Exercise | $0 | +4.87K | +52.04% | $0.00 | 14.2K | Feb 16, 2023 | Direct | |
transaction | NOC | Common Stock | Tax liability | -$982K | -2.11K | -14.85% | $465.35 | 12.1K | Feb 16, 2023 | Direct | |
holding | NOC | Common Stock | 251 | Feb 16, 2023 | Held in Northrop Grumman Savings Plan | F1 |
Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOC | Restricted Stock Rights | Award | $0 | +4.48K | +124.25% | $0.00 | 8.09K | Feb 16, 2023 | Common Stock | 4.48K | Direct | F2 | |
transaction | NOC | Restricted Performance Stock Rights | Award | $0 | +1.26K | +10.95% | $0.00 | 12.8K | Feb 16, 2023 | Common Stock | 1.26K | Direct | F3, F4 | |
transaction | NOC | Restricted Performance Stock Rights | Options Exercise | $0 | -4.87K | -38.06% | $0.00 | 7.92K | Feb 16, 2023 | Common Stock | 4.87K | Direct | F3 |
Id | Content |
---|---|
F1 | Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contributions plan, as of 2/16/2023. 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 | 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. The RSRs were granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/16/23 and will vest on 2/18/25. |
F3 | 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). |
F4 | The RPSRs acquired are 1,261.75 vested RPSRs with respect to the measurement period ended 12/31/22 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that resulted in settlement at 135% of the target award. A total of 4,866.75 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 3,605 RPSRs was previously reported in connection with the grant of the 2020 RPSRs. |