0001181431-11-021948.txt : 20110404
0001181431-11-021948.hdr.sgml : 20110404
20110404172854
ACCESSION NUMBER: 0001181431-11-021948
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110331
FILED AS OF DATE: 20110404
DATE AS OF CHANGE: 20110404
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: LIVANOS ALEXANDER C
CENTRAL INDEX KEY: 0001316632
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16411
FILM NUMBER: 11737145
MAIL ADDRESS:
STREET 1: C/O NORTHROP GRUMMAN CORPORATION
STREET 2: 1840 CENTURY PARK EAST
CITY: LOS ANGELES
STATE: CA
ZIP: 90067
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
rrd306539.xml
FORM 4
X0303
4
2011-03-31
0
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001316632
LIVANOS ALEXANDER C
1840 CENTURY PARK EAST
LOS ANGELES
CA
90067
0
1
0
0
Corp VP & Chf Tech Officer
Common Stock
2011-03-31
4
A
0
3506
0
A
67455
D
Stock Option (Right-to-Buy)
47.99
2011-03-31
4
A
0
3828
A
2014-06-14
Common Stock
3828
3828
D
Stock Option (Right-to-Buy)
48.55
2011-03-31
4
A
0
4375
A
2015-02-07
Common Stock
4375
4375
D
Stock Option (Right-to-Buy)
59.52
2011-03-31
4
A
0
43750
A
2016-02-15
Common Stock
43750
43750
D
Stock Option (Right-to-Buy)
65.70
2011-03-31
4
A
0
35000
A
2017-02-28
Common Stock
35000
35000
D
Stock Option (Right-to-Buy)
73.90
2011-03-31
4
A
0
56985
A
2015-02-27
Common Stock
56985
56985
D
Stock Option (Right-to-Buy)
41.14
2011-03-31
4
A
0
76563
A
2016-02-17
Common Stock
76563
76563
D
Stock Option (Right-to-Buy)
54.46
2011-03-31
4
A
0
59664
A
2017-02-16
Common Stock
59664
59664
D
Stock Option (Right-to-Buy)
63.22
2011-03-31
4
A
0
28686
A
2018-02-15
Common Stock
28686
28686
D
On March 30, 2011, New P, Inc., now renamed "Northrop Grumman Corporation" ("Issuer"), became the successor issuer of Northrop Grumman Corporation ("Old Northrop Grumman"), now renamed "Titan II Inc.", pursuant to a merger. As a result of the merger, each holder of Old Northrop Grumman common stock received the identical number and percentage of the outstanding shares of common stock of Issuer as they owned of Old Northrop Grumman prior to the merger.
Pursuant to anti-dilution provisions of this grant, the number of shares subject to it (and for options, the exercise price) was adjusted in conjunction with the Issuer's spin-off of Huntington Ingalls Industries, Inc. The terms of the adjustment were approved by the Issuer's Board of Directors.
Total amount includes 13,343 unvested Restricted Performance Stock Rights ("RPSRs") granted under the 2001 Long-Term Incentive Stock Plan ("LTISP") on 2/17/09, with a valuation of performance measurement period ("measurement period") ending on 12/31/11; 14,109 unvested RPSRs granted under the LTISP on 2/16/10, with the measurement period ending on 12/31/12; 6,741 unvested RPSRs granted under the LTISP on 2/15/11 with the measurement period ending on 12/31/13; and 6,741 Restricted Stock Rights granted under the LTISP on 2/15/11 and cliff vests 100% on the fourth anniversary from the grant date on 2/15/15. Grants awarded pursuant to Rule 16b-3(d).
The option is fully exercisable.
Granted without payment by grantee.
The option vests over a period of three years to the extent of one-third (33%) annual equal installments on 2/17/10, 2/17/11 and 2/17/12.
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 over a period of three years to the extent of one-third (33%) annual equal installments on 2/15/12, 2/15/13 and 2/15/14.
/s/ Kathleen M. Salmas, Attorney-in-Fact for Alexander C. Livanos
2011-04-04