Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOC | Common Stock | Options Exercise | $0 | +36.5K | +25.85% | $0.00 | 178K | Feb 16, 2023 | Direct | |
transaction | NOC | Common Stock | Tax liability | -$7.66M | -16.5K | -9.26% | $465.35 | 161K | Feb 16, 2023 | Direct |
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 | +10.8K | +40.68% | $0.00 | 37.2K | Feb 16, 2023 | Common Stock | 10.8K | Direct | F1 | |
transaction | NOC | Restricted Performance Stock Rights | Award | $0 | +32.8K | +38.55% | $0.00 | 118K | Feb 16, 2023 | Common Stock | 32.8K | Direct | F2, F3 | |
transaction | NOC | Restricted Performance Stock Rights | Options Exercise | $0 | -36.5K | -30.96% | $0.00 | 81.4K | Feb 16, 2023 | Common Stock | 36.5K | Direct | F2 |
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. The RSRs were granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/16/23 and will vest on 2/17/26. |
F2 | 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). |
F3 | The RPSRs acquired include (i) 9,462.95 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; and (ii) 23,342 unvested RPSRs granted under the LTISP on 2/16/23 with a measurement period ending on 12/31/25. A total of 36,499.95 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 27,037 RPSRs was previously reported in connection with the grant of the 2020 RPSRs. |