Home > Insider Trading > Filing (0001225208-14-006095)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1133421	Northrop Grumman Corp	NOC	Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)	800640649

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1013088	F James Palmer	2980 Fairview Park Drive Falls Church VA 22042	Corp. Vp & Cfo	No	Yes	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2014-02-21	141,533	$54.46	361,246	No	4	M	Direct
Common Stock	Disposition	2014-02-21	2,984	$119.69	358,262	No	4	S	Direct
Common Stock	Disposition	2014-02-21	100,704	$121.45	257,558	No	4	F	Direct
Common Stock	Disposition	2014-02-24	20,415	$122.63	237,143	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	F	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Stock Option (Right-to-buy)	Disposition	2014-02-21	141,533	$0.00	141,533	$54.46

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2017-02-16	No	4	M	Direct

Footnotes

The exercise of options and the sale of shares reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Represents the weighted average sale price of $119.69 rounded to the nearest hundredth. The highest price at which the shares were sold was $120.69 and the lowest price at which the shares were sold was $119.49. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Shares surrendered to issuer in payment of exercise price and tax liability in connection with stock option exercise in accordance with Rule 16b-3(e).
Represents the weighted average sale price of $122.63 rounded to the nearest hundredth. The highest price at which the shares were sold was $123.23 and the lowest price at which the shares were sold was $120.80. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
The option is fully exercisable.