4//SEC Filing
Caylor Mark A 4
Accession 0001628280-23-004313
CIK 0001133421other
Filed
Feb 20, 7:00 PM ET
Accepted
Feb 21, 4:24 PM ET
Size
14.6 KB
Accession
0001628280-23-004313
Insider Transaction Report
Form 4
Caylor Mark A
Corp VP & Pres ESS
Transactions
- Exercise/Conversion
Common Stock
2023-02-16+8,112.15→ 23,114.66 total - Tax Payment
Common Stock
2023-02-16$465.35/sh−4,065$1,891,648→ 19,049.66 total - Award
Restricted Stock Rights
2023-02-16+2,152→ 7,893 total→ Common Stock (2,152 underlying) - Award
Restricted Performance Stock Rights
2023-02-16+6,772.15→ 25,385.15 total→ Common Stock (6,772.15 underlying) - Exercise/Conversion
Restricted Performance Stock Rights
2023-02-16−8,112.15→ 17,273 total→ Common Stock (8,112.15 underlying)
Holdings
- 37.397(indirect: Held in Northrop Grumman Savings Plan)
Common Stock
Footnotes (4)
- [F1]Held in the Northrop Grumman Savings Plan (the "Plan"), a qualified defined contributions plan, as of 2/16/2023. 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.
- [F2]Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in Issuer common stock, or, at the election of the Issuer's Compensation Committee, cash or a combination of cash and Issuer common stock. The RSRs were granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/16/23 and will vest on 2/17/26.
- [F3]Each Restricted Performance Stock Right ("RPSR") represents a contingent right to receive an equivalent number of shares of Issuer common stock, or, at the Issuer's election, cash or a combination of cash and Issuer common stock. The RPSRs vest if the applicable performance metric is satisfied for the relevant measurement period. Grants awarded pursuant to Rule 16b-3(d).
- [F4]The RPSRs acquired include (i) 2,103.15 vested RPSRs with respect to the measurement period ended 12/31/22 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that resulted in settlement at 135% of the target award; and (ii) 4,669 unvested RPSRs granted under the LTISP on 2/16/23 with a measurement period ending on 12/31/25. A total of 8,112.15 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 6,009 RPSRs was previously reported in connection with the grant of the 2020 RPSRs.
Documents
Issuer
NORTHROP GRUMMAN CORP /DE/
CIK 0001133421
Entity typeother
Related Parties
1- filerCIK 0001559097
Filing Metadata
- Form type
- 4
- Filed
- Feb 20, 7:00 PM ET
- Accepted
- Feb 21, 4:24 PM ET
- Size
- 14.6 KB