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Filing Details

Accession Number:: 0001225208-20-002986
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2020-02-20 17:55:17
Reporting Period:: 2020-02-18

Accepted Time:: 2020-02-20 17:55:17
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
1701037	G Janis Pamiljans	2980 Fairview Park Drive Falls Church VA 22042	Cvp, Pres, Aeronautics Systems	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2020-02-18	765	$0.00	13,737	No	4	M	Direct
Common Stock	Disposition	2020-02-18	415	$372.42	13,322	No	4	F	Direct
Common Stock	Disposition	2020-02-18	5,674	$367.26	7,648	No	4	S	Direct

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

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Restricted Stock Rights	Disposition	2020-02-18	765	$0.00	765	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
10,950			No	4	M	Direct

Reported Non-Derivative Holdings

Sec. Name	Remaning Holdings	Nature of Ownership	Explanation
Common Stock	6,573	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, 2020) fell on a holiday, the award shares vested on February 18, 2020, the next business day. The vested award shares were valued based on the Company's closing stock price on February 18, 2020. The shares will be distributed into the participant's account on February 19, 2020.
Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/17/17 that vested on 2/18/2020.
Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
The sale reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
Held in the Northrop Grumman Savings and Investment Plan (the "Plan"), a qualified profit sharing plan, as of February 18, 2020. 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 2,545 RSRs granted under the LTISP on 2/12/20 that will vest on 2/13/23; 1,414 RSRs granted under the LTISP on 2/12/20 that will vest on 12/31/21; 3,830 RSRs granted under the LTISP on 2/13/19 that will vest on 2/13/22; and 3,161 RSRs granted under the LTISP on 2/13/18 that will vest on 2/13/21.