0001181431-11-028618.txt : 20110510
0001181431-11-028618.hdr.sgml : 20110510
20110510180018
ACCESSION NUMBER: 0001181431-11-028618
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20110509
FILED AS OF DATE: 20110510
DATE AS OF CHANGE: 20110510
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: BUSH WESLEY G
CENTRAL INDEX KEY: 0001216503
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16411
FILM NUMBER: 11829584
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
rrd311059.xml
STOCK OPTION EXERCISE
X0303
4
2011-05-09
0
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001216503
BUSH WESLEY G
1840 CENTURY PARK EAST
LOS ANGELES
CA
90067
0
1
0
0
Chf. Exec. Officer & President
Common Stock
2011-05-09
4
M
0
54688
43.14
A
372067
D
Common Stock
2011-05-09
4
F
0
36402
64.81
D
335665
D
Common Sock
2011-05-09
4
F
0
8536
64.81
D
327129
D
Common Stock
132918
I
Trustee: WG&F Bush Family Trust
Common Stock
4781.673
I
See footnote
Stock Option (Right-to-Buy)
43.14
2011-05-09
4
M
0
54688
43.14
D
2012-12-18
Common Stock
54688
0
D
SEP Unit
Common Stock
2861.3816
2861.3816
D
Total amount includes 62,618 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; 119,931 unvested RPSRs granted under the LTISP on 2/16/10, with the measurement period ending on 12/31/12; 67,415 unvested RPSRs granted under the LTISP on 2/15/11 with the measurement period ending on 12/31/13; and 67,415 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).
Held in the Northrop Grumman Savings and Investment Plan (the "Plan"), a qualified profit sharing plan, as of April 29, 2011. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a decrease in units attributable to an individual though no disposition occurred.
The option is fully exercisable.
SEP units credited under the Northrop Grumman Savings Excess Plan (the "SEP Plan"), a non-qualified deferred compensation plan, as of March 31, 2011. The value of each unit is based on the price of Issuer common stock, although share totals with respect to the SEP Plan are based upon unit accounting and therefore may reflect a decrease in units attributable to an individual though no disposition occurred.
SEP units are payable in cash following termination of the Reporting Person's employment with the Issuer.
/s/ Kathleen M. Salmas, Attorney-in-Fact for Wesley G. Bush
2011-05-10