SEC Form 4 · accession 0001225208-15-005989
NORTHROP GRUMMAN CORP /DE/ · NOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Sid Ashworth
Officer — Corp VP, Government Relations
Period of report
Feb 24, 2015
Accepted (ET)
Feb 26, 2015 · 4:02 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0001133421
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Feb 24, 2015 | M | 45,897 | $63.22 | A | 81,263 | D | |
| Common StockF1 | Feb 24, 2015 | S | 38,337 | $170.01 | D | 42,926 | D | |
| Common Stock | holding | — | — | — | 23,985 | I | Held in the Margaret Sidney Ashworth Revocable Trust |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock Option (Right-to-buy)F2 | $63.22 | Feb 24, 2015 | M | 45,897 | D | — | Feb 15, 2018 | Common Stock | 45,897 | 0 | D |
Explanation of responses
- F1Represents the weighted average sale price of $170.01 rounded to the nearest hundredth. The highest price at which the shares were sold was $170.06 and the lowest price at which the shares were sold was $170.00. 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.
- F2The option is fully exercisable.