Filing Details
- Accession Number:
- 0001225208-19-003292
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2019-02-21 17:22:41
- Reporting Period:
- 2019-02-19
- Accepted Time:
- 2019-02-21 17:22:41
- 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 |
---|---|---|---|---|---|---|---|
1216503 | G Wesley Bush | 2980 Fairview Park Drive Falls Church VA 22042 | Chairman | Yes | 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 | Acquisiton | 2019-02-19 | 16,478 | $0.00 | 39,937 | No | 4 | M | Direct | |
Common Stock | Disposition | 2019-02-19 | 7,311 | $287.35 | 32,626 | No | 4 | F | Direct | |
Common Stock | Disposition | 2019-02-20 | 11,500 | $287.57 | 21,126 | No | 4 | S | Direct | |
Common Stock | Disposition | 2019-02-20 | 760 | $286.94 | 54,791 | No | 4 | S | Indirect | Held in Bush Trust No. 4 |
Common Stock | Disposition | 2019-02-20 | 18,882 | $287.11 | 35,909 | No | 4 | S | Indirect | Held in Bush Trust No. 4 |
Common Stock | Disposition | 2019-02-20 | 1,800 | $286.77 | 53,749 | No | 4 | S | Indirect | Held in Wesley G. Bush Rev. Trust |
Common Stock | Disposition | 2019-02-20 | 2,796 | $288.22 | 50,953 | No | 4 | S | Indirect | Held in Wesley G. Bush Rev. Trust |
Common Stock | Disposition | 2019-02-20 | 18,864 | $287.42 | 32,089 | No | 4 | S | Indirect | Held in Wesley G. Bush Rev. Trust |
Common Stock | Disposition | 2019-02-20 | 2,600 | $286.82 | 236,459 | No | 4 | S | Indirect | Held in WG&NF Bush Family Trust |
Common Stock | Disposition | 2019-02-20 | 29,298 | $287.19 | 207,161 | No | 4 | S | Indirect | Held in WG&NF Bush Family Trust |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | M | Direct | |
No | 4 | F | Direct | |
No | 4 | S | Direct | |
No | 4 | S | Indirect | Held in Bush Trust No. 4 |
No | 4 | S | Indirect | Held in Bush Trust No. 4 |
No | 4 | S | Indirect | Held in Wesley G. Bush Rev. Trust |
No | 4 | S | Indirect | Held in Wesley G. Bush Rev. Trust |
No | 4 | S | Indirect | Held in Wesley G. Bush Rev. Trust |
No | 4 | S | Indirect | Held in WG&NF Bush Family Trust |
No | 4 | S | Indirect | Held in WG&NF Bush Family Trust |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Restricted Stock Rights | Disposition | 2019-02-19 | 16,478 | $0.00 | 16,478 | $0.00 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
21,789 | No | 4 | M | Direct |
Reported Non-Derivative Holdings
Sec. Name | Remaning Holdings | Nature of Ownership | Explanation |
---|---|---|---|
Common Stock | 5,637 | Indirect | Held in Northrop Grumman Savings & Investment Plan |
Footnotes
- In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (February 17, 2019) fell on a weekend, the award shares vested on February 19, 2019, the next business day. The vested award shares were valued based on the Company's closing stock price on February 19, 2019. The shares will be distributed into the participant's account on February 20, 2019.
- Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/17/16 that vested on 2/19/19.
- Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
- Represents the weighted average sale price of $287.57 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.61 and the lowest price at which the shares were sold was $287.53. 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.
- Represents the weighted average sale price of $286.94 rounded to the nearest hundredth. The highest price at which the shares were sold was $286.995 and the lowest price at which the shares were sold was $286.78. 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.
- Represents the weighted average sale price of $287.11 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.50 and the lowest price at which the shares were sold was $287.005. 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.
- Represents the weighted average sale price of $286.77 rounded to the nearest hundredth. The highest price at which the shares were sold was $286.995 and the lowest price at which the shares were sold was $286.53. 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.
- Represents the weighted average sale price of $288.22 rounded to the nearest hundredth. The highest price at which the shares were sold was $288.36 and the lowest price at which the shares were sold was $288.05. 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.
- Represents the weighted average sale price of $287.42 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.97 and the lowest price at which the shares were sold was $287.020. 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.
- Represents the weighted average sale price of $286.82 rounded to the nearest hundredth. The highest price at which the shares were sold was $286.995 and the lowest price at which the shares were sold was $286.48. 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.
- Represents the weighted average sale price of $287.19 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.99 and the lowest price at which the shares were sold was $287.00. 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.
- Held in the Northrop Grumman Savings and Investment Plan (the "Plan"), a qualified profit sharing plan, as of February 19, 2019. 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.
- Each 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 9,033 RSRs granted under the LTISP on 2/13/18 that will vest on 2/13/21; and 12,756 RSRs granted under the LTISP on 2/17/17 that will vest on 2/17/20.