SEC Form 4 · accession 0001225208-16-029292
NORTHROP GRUMMAN CORP /DE/ · NOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas E Vice
Officer — Corp VP & Pres Aerospace Sys
Period of report
Mar 4, 2016
Accepted (ET)
Mar 7, 2016 · 4:38 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 | Mar 4, 2016 | M | 14,344 | $63.22 | A | 115,543 | D | |
| Common Stock | Mar 4, 2016 | S | 2,294 | $191.07 | D | 113,249 | D | |
| Common StockF1 | Mar 4, 2016 | F | 9,755 | $191.04 | D | 103,494 | D |
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 | Mar 4, 2016 | M | 14,344 | D | — | Feb 15, 2018 | Common Stock | 14,344 | 0 | D |
Explanation of responses
- F1Shares surrendered to issuer in paryment of exercise price and tax liability in connection with stock option exercise in accordance with Rule 16b-3(e).
- F2The option is fully exercisable.