0001225208-16-027154.txt : 20160219
0001225208-16-027154.hdr.sgml : 20160219
20160219192348
ACCESSION NUMBER: 0001225208-16-027154
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160217
FILED AS OF DATE: 20160219
DATE AS OF CHANGE: 20160219
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: 800640649
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
STREET 2: C/O NORTHROP GRUMMAN CORP
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
BUSINESS PHONE: 703-280-2900
MAIL ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
STREET 2: C/O NORTHROP GRUMMAN CORP
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
FORMER COMPANY:
FORMER CONFORMED NAME: NNG INC
DATE OF NAME CHANGE: 20010129
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Warden Kathy J
CENTRAL INDEX KEY: 0001559112
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16411
FILM NUMBER: 161443264
MAIL ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
4
1
doc4.xml
X0306
4
2016-02-17
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001559112
Warden Kathy J
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH
VA
22042
1
Corp VP & Pres Mission Syst
Common Stock
2016-02-17
4
M
0
56481.0000
0.0000
A
88461.4300
D
Common Stock
2016-02-17
4
F
0
26180.0000
190.0600
D
62281.4300
D
Restricted Performance Stock Rights
2016-02-17
4
A
0
31537.0000
0.0000
A
Common Stock
31537.0000
99946.0000
D
Restricted Performance Stock Rights
2016-02-17
4
M
0
56481.0000
0.0000
D
Common Stock
56481.0000
43465.0000
D
Restricted Stock Rights
2016-02-17
4
A
0
5767.0000
0.0000
A
Common Stock
5767.0000
32909.0000
D
Shares issued in settlement of Restricted Performance Stock Rights ("RPSRs") granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/20/13 with a valuation of performance measurement period ("measurement period") ended 12/31/15. The RPSRs were settled at 150% of target.
Shares surrendered to issuer in payment of tax liability in connection with settlement of RPSRs in accordance with Rule 16b-3(e).
Each 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).
The RPSRs acquired include (i) 18,827 additional vested RPSRs with respect to the measurement period ended 12/31/15 acquired due to settlement of the 2013 RPSRs held at 150% of the target award and (ii) 12,710 unvested RPSRs granted under the LTISP on 2/17/16 with a measurement period ending on 12/31/18.
Total amount includes 56,481 vested RPSRs granted under the LTISP on 2/20/13 with a measurement period ended on 12/31/15; 12,710 RPSRs granted on 2/17/16 with a measurement period ending on 12/31/18; 12,626 RPSRs granted on 2/18/15 with a measurement period ending on 12/31/17; and 18,129 RPSRs granted on 2/19/14 with a measurement period ending on 12/31/16.
Total amount includes 12,710 RPSRs granted on 2/17/16 with a measurement period ending on 12/31/18; 12,626 RPSRs granted on 2/18/15 with a measurement period ending on 12/31/17; and 18,129 RPSRs granted on 2/19/14 with a measurement period ending on 12/31/16.
Each Restricted Stock Right ("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. The RSRs were granted under the LTISP on 2/17/16 and will vest on 2/17/19.
Total amount includes 5,767 RSRs granted under the LTISP on 2/17/16 that will vest on 2/17/19; 5,954 RSRs granted under the LTISP on 2/18/15 that will vest on 2/18/18; 7,560 RSRs granted under the LTISP on 2/19/14 that will vest on 2/19/17; and 13,628 RSRs granted under the LTISP on 2/20/13 that will vest on 2/20/16.
/s/ Jennifer C. McGarey, Attorney-in-Fact
2016-02-19