Filing Details
- Accession Number:
- 0001225208-16-027589
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-02-23 16:44:10
- Reporting Period:
- 2016-02-19
- Filing Date:
- 2016-02-23
- Accepted Time:
- 2016-02-23 16:44:10
- SEC Url:
- Form 4 Filing
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 |
---|---|---|---|---|---|---|---|
1555175 | T David Perry | 2980 Fairview Park Drive Falls Church VA 22042 | Cvp Chief Global Bus Dev Off | 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 | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Disposition | 2016-02-19 | 8,254 | $192.16 | 23,916 | No | 4 | S | Direct | |
Common Stock | Acquisiton | 2016-02-20 | 7,268 | $0.00 | 31,184 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-02-20 | 3,467 | $190.68 | 27,717 | No | 4 | F | Direct | |
Common Stock | Disposition | 2016-02-22 | 4,944 | $190.78 | 22,773 | No | 4 | S | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | S | Direct | |
No | 4 | M | 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 | Restricted Stock Rights | Disposition | 2016-02-20 | 7,268 | $0.00 | 7,268 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
10,172 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 498 | Indirect | Held in Northrop Grumman Financial Security and Savings Program |
Common Stock | 43 | Indirect | Held in Northrop Grumman Savings & Investment Plan |
Footnotes
- The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
- In light of the vesting date, Saturday, February 20, 2016, and in accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), award shares were valued based on the Company's closing stock price on February 19, 2016, the immediately preceding business day. The shares were distributed into the participant's account on February 22, 2016.
- Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/20/13 that vested on 2/20/16.
- Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
- Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock.
- Total amount includes 2,884 RSRs granted under the LTISP on 2/17/16 that will vest on 2/17/19; 3,256 RSRs granted under the LTISP on 2/18/15 that will vest on 2/18/18; and 4,032 RSRs granted under the LTISP on 2/19/14 that will vest on 2/19/17.