SEC Form 4 · accession 0001225208-19-000450
NORTHROP GRUMMAN CORP /DE/ · NOC
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Blake E Larson
Officer — Corp VP & Pres, NGIS
Period of report
Dec 31, 2018
Accepted (ET)
Jan 3, 2019 · 5:00 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 StockF1 | Dec 31, 2018 | M | 5,505 | $0.00 | A | 5,505 | D | |
| Common StockF2 | Dec 31, 2018 | F | 1,909 | $244.90 | D | 3,596 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock RightsF1,F4,F3 | — | Dec 31, 2018 | M | 5,505 | D | — | — | Common Stock | 5,505 | 8,336 | D |
Explanation of responses
- F1Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 6/13/18 that vested on 12/31/18.
- F2Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
- F3Each 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.
- F4Total amount includes 2,831 RSRs granted under the LTISP on 6/13/18 that will vest on 6/13/21 and 5,505 RSRs granted under the LTISP on 6/13/18 that will vest on 12/31/19.