0001225208-16-027589.txt : 20160223
0001225208-16-027589.hdr.sgml : 20160223
20160223164410
ACCESSION NUMBER: 0001225208-16-027589
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20160219
FILED AS OF DATE: 20160223
DATE AS OF CHANGE: 20160223
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: Perry David T
CENTRAL INDEX KEY: 0001555175
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16411
FILM NUMBER: 161448905
MAIL ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
4
1
doc4.xml
X0306
4
2016-02-19
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001555175
Perry David T
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH
VA
22042
1
CVP Chief Global Bus Dev Off
Common Stock
2016-02-19
4
S
0
8254.0000
192.1600
D
23916.4400
D
Common Stock
2016-02-20
4
M
0
7268.0000
0.0000
A
31184.4400
D
Common Stock
2016-02-20
4
F
0
3467.0000
190.6800
D
27717.4400
D
Common Stock
2016-02-22
4
S
0
4944.0000
190.7800
D
22773.4400
D
Common Stock
497.5690
I
Held in Northrop Grumman Financial Security and Savings Program
Common Stock
43.1400
I
Held in Northrop Grumman Savings & Investment Plan
Restricted Stock Rights
2016-02-20
4
M
0
7268.0000
0.0000
D
Common Stock
7268.0000
10172.0000
D
The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
In light of the vesting date, Saturday, February 20, 2016, and in accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), award shares were valued based on the Company's closing stock price on February 19, 2016, the immediately preceding business day. The shares were distributed into the participant's account on February 22, 2016.
Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/20/13 that vested on 2/20/16.
Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
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.
Total amount includes 2,884 RSRs granted under the LTISP on 2/17/16 that will vest on 2/17/19; 3,256 RSRs granted under the LTISP on 2/18/15 that will vest on 2/18/18; and 4,032 RSRs granted under the LTISP on 2/19/14 that will vest on 2/19/17.
/s/ Jennifer C. McGarey, Attorney-in-Fact
2016-02-23