-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, V8HSZ1oqzUv7Yq4uPF4hoTyAMQSKBZ8FXpc3v1Sqwrf2jqf/CS5WaLO4U5Q7jMlz 46xgEOTL+Ic6pNJdZVOwPw== 0001181431-10-010754.txt : 20100219 0001181431-10-010754.hdr.sgml : 20100219 20100219204155 ACCESSION NUMBER: 0001181431-10-010754 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20100216 FILED AS OF DATE: 20100219 DATE AS OF CHANGE: 20100219 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: PALMER JAMES F CENTRAL INDEX KEY: 0001013088 STANDARD INDUSTRIAL CLASSIFICATION: AIRCRAFT [3721] STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-16411 FILM NUMBER: 10620943 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: NORTHROP GRUMMAN CORP /DE/ CENTRAL INDEX KEY: 0001133421 STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812] IRS NUMBER: 954840775 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 1840 CENTURY PK E STREET 2: C/O NORTHROP GRUMMAN CORP CITY: LOS ANGELES STATE: CA ZIP: 90067 BUSINESS PHONE: 310-201-1630 MAIL ADDRESS: STREET 1: 1840 CENTURY PARK EAST STREET 2: C/O NORTHROP GRUMMAN CORP CITY: LOS ANGELES STATE: CA ZIP: 90067 FORMER COMPANY: FORMER CONFORMED NAME: NNG INC DATE OF NAME CHANGE: 20010129 4 1 rrd266654.xml 2010 RPSR PAYOUT; RSR, RPSR & S/O GRANTS X0303 4 2010-02-16 0 0001133421 NORTHROP GRUMMAN CORP /DE/ NOC 0001013088 PALMER JAMES F 1840 CENTURY PARK EAST LOS ANGELES CA 90067 0 1 0 0 Corp. VP & CFO Common Stock 2010-02-16 4 F 0 7958 59.56 D 92392 D Common Stock 2010-02-16 4 J 0 2600 59.56 D 89792 D Common Stock 2010-02-16 4 A 0 31600 59.56 A 121392 D Common Stock 2010-02-16 4 A 0 42000 59.56 A 163392 D Stock Option (Right-to-Buy) 59.56 2010-02-16 4 A 0 133600 0.00 A 2011-02-16 2017-02-16 Common Stock 133600 133600 D Stock Option (Right-to-Buy) 59.56 2010-02-16 4 A 0 258800 0.00 A 2013-02-16 2017-02-16 Common Stock 258800 258800 D Total amount includes 17,900 unvested Restricted Performance Stock Rights ("RPSRs") granted pursuant to the Northrop Grumman 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with the valuation of performance measurement period ("measurement period") ending on 12/31/10; 20,000 remaining unvested Restricted Stock Rights ("RSRs") granted pursuant to the 2001 LTISP on 3/12/07 with next scheduled 25% annual installment vesting on 3/12/10; and 28,000 unvested RPSRs granted under the 2001 LTISP on 2/17/09 with the measurement period ending on 12/31/11. Grants awarded pursuant to Rule 16b-3(d). The measurement period for this installment of Restricted Performance Stock Rights (RPSRs) ended on 12/31/09, and the decrease in the number of shares represent a payout below the target for the 2009 performance period. Total amount includes 17,900 unvested Restricted Performance Stock Rights ("RPSRs")granted pursuant to the Northrop Grumman 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with the valuation of performance measurement period ("measurement period") ending on 12/31/10; 20,000 remaining unvested Restricted Stock Rights ("RSRs") granted pursuant to the 2001 LTISP on 3/12/07 with next scheduled 25% annual installment vesting on 3/12/10; 28,000 unvested RPSRs granted under the 2001 LTISP on 2/17/09 with the measurement period ending on 12/31/11; and 31,600 RPSRs granted under the 2001 LTISP on 2/16/10 with the measurement period ending on 12/31/12. Grants awarded pursuant to Rule 16b-3(d). Total amount includes 17,900 unvested Restricted Performance Stock Rights ("RPSRs") granted pursuant to the Northrop Grumman 2001 Long-Term Incentive Stock Plan (LTISP) on 2/27/08 with the valuation of performance measurement period ("measurement period") ending on 12/31/10; 20,000 remaining unvested Restricted Stock Rights ("RSRs") granted pursuant to the 2001 LTISP on 3/12/07 with next scheduled 25% annual installment vesting on 3/12/10; and 28,000 unvested RPSRs granted under the 2001 LTISP on 2/17/09 with the measurement period ending on 12/31/11; 31,600 RPSRs granted under the 2001 LTISP on 2/16/10 with the measurement period ending on 12/31/12; and 42,000 RSRs granted pursuant to the 2001 LTISP on 2/16/10 and cliff vests four years from date of grant on 2/16/14. Grants awarded pursuant to Rule 16b-3(d). The option vests over a period of three years to the extent of one-third (33%) annual equal installments on 2/16/11, 2/16/12 and 2/16/13. The option vests 50% in years 3 and 4 of grant. Kathleen M. Salmas, Attorney-in-fact for James F. Palmer 2010-02-19 -----END PRIVACY-ENHANCED MESSAGE-----