Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | NOC | Common Stock | Options Exercise | $0 | +1.92K | +80.68% | $0.00 | 4.3K | Feb 14, 2024 | Direct | |
transaction | NOC | Common Stock | Tax liability | -$288K | -646 | -15.03% | $446.37 | 3.65K | Feb 14, 2024 | 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 | +1.73K | +117.5% | $0.00 | 3.21K | Feb 14, 2024 | Common Stock | 1.73K | Direct | F1 | |
transaction | NOC | Restricted Performance Stock Rights | Award | $0 | +4.33K | +131.75% | $0.00 | 7.62K | Feb 14, 2024 | Common Stock | 4.33K | Direct | F2, F3 | |
transaction | NOC | Restricted Performance Stock Rights | Options Exercise | $0 | -1.92K | -25.18% | $0.00 | 5.7K | Feb 14, 2024 | Common Stock | 1.92K | Direct | F2 |
Id | Content |
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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 2/14/24 and will vest on 2/14/27. |
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) 558.01 vested RPSRs with respect to the measurement period ended 12/31/23 acquired due to settlement of the RPSRs granted under the LTISP on 2/16/21 that resulted in settlement at 141% of the target award; and (ii) 3,774 unvested RPSRs granted under the LTISP on 2/14/24 with a measurement period ending on 12/31/26. A total of 1,919.01 shares were issued in settlement of the 2021 RPSRs with a measurement period that ended 12/31/23, and the target award amount of 1,361 RPSRs was previously reported on Form 3. |