(NOC)

Reporting relationship: CVP Chief Global Bus Off
Issuer ticker: NOC
Reported as of: 16 Feb 2023
Net transaction value: -$982,354
SEC form: 4
Accepted by SEC: 21 Feb 2023, 15:47:15 UTC
Prior SEC filing: 15 Feb 2023
Next SEC filing: 08 Mar 2023
Source filing: View source filing
Reporting owner signature: /s/ Jennifer C. McGarey, Attorney-in-Fact

Key filing fact

Perry David T. filed Form 4 for NORTHROP GRUMMAN CORP /DE/ (NOC) on 21 Feb 2023.

Key facts

This page summarizes Perry David T.'s Form 4 filing for NORTHROP GRUMMAN CORP /DE/ (NOC).
4 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 21 Feb 2023, 15:47.

Change

Previous filing in this sequence was filed on 15 Feb 2023.
Current net transaction value: -$982,354.

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: +4,867
Change %: +49%
Price: $0.000000
Shares after: 14,827
Date: 16 Feb 2023
Ownership: Direct

NOC transaction

Common Stock

Tax liability

Transaction value: $982,354
Shares: -2,111
Change %: -14%
Price: $465.35
Shares after: 12,716
Date: 16 Feb 2023
Ownership: Direct

NOC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 48
Date: 16 Feb 2023
Ownership: Held in Northrop Grumman Savings Plan
Footnotes: F1

NOC holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 553
Date: 16 Feb 2023
Ownership: Held in Northrop Grumman Financial Security and Savings Program
Footnotes: F2

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: +1,262
Change %: +11%
Price: $0.000000
Shares after: 12,430
Date: 16 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 1,262
Exercise price
Footnotes: F3, F4

NOC transaction Derivative

Restricted Performance Stock Rights

Options Exercise

Transaction value: $0
Shares: -4,867
Change %: -39%
Price: $0.000000
Shares after: 7,563
Date: 16 Feb 2023
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 4,867
Exercise price
Footnotes: F3

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

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 4 footnotes

Footnote 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.

Footnote F2

Held in the Northrop Grumman Financial Security and Savings Program (the "Program"), as of 2/16/2023. Share totals with respect to the Program are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.

Footnote 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).

Footnote F4

The RPSRs acquired are 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.