(NOC)

Reporting relationship: CVP, Pres, Enterprise Svcs
Issuer ticker: NOC
Reported as of: 15 Feb 2022
Net transaction value: -$954,614
SEC form: 4
Accepted by SEC: 17 Feb 2022, 15:58:07 UTC
Prior SEC filing: 16 Feb 2022
Source filing: View source filing
Reporting owner signature: /s/ Jennifer C. McGarey, Attorney-in-Fact

Filing notes and source

Key filing fact

Shawn N. Purvis filed Form 4 for NORTHROP GRUMMAN CORP /DE/ (NOC) on 17 Feb 2022.

Key facts

This page summarizes Shawn N. Purvis's Form 4 filing for NORTHROP GRUMMAN CORP /DE/ (NOC).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 17 Feb 2022, 15:58.

Change

Previous filing in this sequence was filed on 16 Feb 2022.
Current net transaction value: -$954,614.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

NOC transaction

Common Stock

Options Exercise

Transaction value: $0
Shares: +5,671
Change %: +114%
Price: $0.000000
Shares after: 10,648
Date: 15 Feb 2022
Ownership: Direct

NOC transaction

Common Stock

Tax liability

Transaction value: $954,614
Shares: -2,481
Change %: -23%
Price: $384.77
Shares after: 8,167
Date: 15 Feb 2022
Ownership: Direct

NOC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 2,572
Date: 15 Feb 2022
Ownership: Held in Northrop Grumman Savings Plan
Footnotes: F1

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

NOC transaction Derivative

Restricted Performance Stock Rights

Award

Transaction value: $0
Shares: +1,023
Change %: +8.1%
Price: $0.000000
Shares after: 13,610
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,023
Exercise price
Footnotes: F2, F3

NOC transaction Derivative

Restricted Performance Stock Rights

Options Exercise

Transaction value: $0
Shares: -5,671
Change %: -42%
Price: $0.000000
Shares after: 7,939
Date: 15 Feb 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 5,671
Exercise price
Footnotes: F2

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Section 16 status

Shawn N. Purvis is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.

Explanation of responses 3 footnotes

Footnote F1

Held in the Northrop Grumman Savings Plan (the Plan), a qualified defined contributions plan, as of 2/15/22. 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.

Footnote 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).

Footnote F3

Vested RPSRs with respect to the measurement period ended 12/31/21 acquired due to settlement of the 2019 RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/13/19 that resulted in settlement at 122% of the target award. A total of 5,671 shares were issued in settlement of the 2019 RPSRs with a measurement period that ended 12/31/21, and the target award amount of 4,648 RPSRs was previously reported in connection with the grant of the 2019 RPSRs.