Kenneth B. Crews - Oct 1, 2024 Form 3 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Stock symbol
NOC
Transactions as of
Oct 1, 2024
Transactions value $
$0
Form type
3
Date filed
10/2/2024, 04:59 PM

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding NOC Common Stock 73.7 Oct 1, 2024 Held in the Northrop Grumman Savings Excess Plan F1
holding NOC Common Stock 2.07K Oct 1, 2024 Direct

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
holding NOC Restricted Stock Rights Oct 1, 2024 Common Stock 2.03K Direct F2, F3
holding NOC Restricted Performance Stock Rights Oct 1, 2024 Common Stock 4.52K Direct F4, F5
* 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 Excess Plan (the "Plan"), as of October 1, 2024. 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.
F3 Total amount includes (i) 253 unvested RSRs granted under the 2011 Long-Term Incentive Stock Plan (LTISP) on 2/15/2022 that will vest on 2/18/2025; (ii) 232 RSRs granted under the LTISP on 2/16/2023 that will vest on 2/17/2026; (iii) 269 RSRs granted under the LTISP on 2/14/2024 that will vest on 2/16/2027; and (iv) 1,277 RSRs granted under the 2024 Long-Term Incentive Stock Plan (2024 LTISP) on 7/31/2024 that will vest on 8/2/2027. Grants awarded pursuant to Rule 16b-3(d).
F4 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).
F5 Total amount includes (i) 555 unvested RPSRs granted under the LTISP on 2/15/2022 with a measurement period ending on 12/31/2024; (ii) 542 unvested RPSRs granted under the LTISP on 2/16/2023 with a measurement period ending on 12/31/2025; (iii) 627 unvested RPSRs granted under the LTISP on 2/14/2024 with a measurement period ending on 12/31/2026; and (iv) 2,799 unvested RPSRs granted under the 2024 LTISP on 7/31/2024 with a measurement period ending on 12/31/2026. Grants awarded pursuant to Rule 16b-3(d).