0001225208-19-003292.txt : 20190221
0001225208-19-003292.hdr.sgml : 20190221
20190221172241
ACCESSION NUMBER: 0001225208-19-003292
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20190219
FILED AS OF DATE: 20190221
DATE AS OF CHANGE: 20190221
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: 19622970
MAIL ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
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
4
1
doc4.xml
X0306
4
2019-02-19
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001216503
BUSH WESLEY G
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH
VA
22042
1
1
Chairman
Common Stock
2019-02-19
4
M
0
16478.0000
0.0000
A
39937.4000
D
Common Stock
2019-02-19
4
F
0
7311.0000
287.3500
D
32626.4000
D
Common Stock
2019-02-20
4
S
0
11500.0000
287.5700
D
21126.4000
D
Common Stock
2019-02-20
4
S
0
760.0000
286.9400
D
54791.2500
I
Held in Bush Trust No. 4
Common Stock
2019-02-20
4
S
0
18882.0000
287.1100
D
35909.2500
I
Held in Bush Trust No. 4
Common Stock
2019-02-20
4
S
0
1800.0000
286.7700
D
53749.2500
I
Held in Wesley G. Bush Rev. Trust
Common Stock
2019-02-20
4
S
0
2796.0000
288.2200
D
50953.2500
I
Held in Wesley G. Bush Rev. Trust
Common Stock
2019-02-20
4
S
0
18864.0000
287.4200
D
32089.2500
I
Held in Wesley G. Bush Rev. Trust
Common Stock
2019-02-20
4
S
0
2600.0000
286.8200
D
236459.0000
I
Held in WG&NF Bush Family Trust
Common Stock
2019-02-20
4
S
0
29298.0000
287.1900
D
207161.0000
I
Held in WG&NF Bush Family Trust
Common Stock
5636.6260
I
Held in Northrop Grumman Savings & Investment Plan
Restricted Stock Rights
2019-02-19
4
M
0
16478.0000
0.0000
D
Common Stock
16478.0000
21789.0000
D
In accordance with the terms of the 2011 Long-Term Incentive Stock Plan ("LTISP"), because the third anniversary of the grant (February 17, 2019) fell on a weekend, the award shares vested on February 19, 2019, the next business day. The vested award shares were valued based on the Company's closing stock price on February 19, 2019. The shares will be distributed into the participant's account on February 20, 2019.
Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the LTISP on 2/17/16 that vested on 2/19/19.
Shares surrendered to issuer in payment of tax liability in connection with vesting of RSRs in accordance with Rule 16b-3(e).
Represents the weighted average sale price of $287.57 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.61 and the lowest price at which the shares were sold was $287.53. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $286.94 rounded to the nearest hundredth. The highest price at which the shares were sold was $286.995 and the lowest price at which the shares were sold was $286.78. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $287.11 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.50 and the lowest price at which the shares were sold was $287.005. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $286.77 rounded to the nearest hundredth. The highest price at which the shares were sold was $286.995 and the lowest price at which the shares were sold was $286.53. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $288.22 rounded to the nearest hundredth. The highest price at which the shares were sold was $288.36 and the lowest price at which the shares were sold was $288.05. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $287.42 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.97 and the lowest price at which the shares were sold was $287.020. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $286.82 rounded to the nearest hundredth. The highest price at which the shares were sold was $286.995 and the lowest price at which the shares were sold was $286.48. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Represents the weighted average sale price of $287.19 rounded to the nearest hundredth. The highest price at which the shares were sold was $287.99 and the lowest price at which the shares were sold was $287.00. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote in this Form 4.
Held in the Northrop Grumman Savings and Investment Plan (the "Plan"), a qualified profit sharing plan, as of February 19, 2019. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a change in units attributable to an individual though no acquisition or disposition occurred.
Each 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 9,033 RSRs granted under the LTISP on 2/13/18 that will vest on 2/13/21; and 12,756 RSRs granted under the LTISP on 2/17/17 that will vest on 2/17/20.
/s/ Jennifer C. McGarey, Attorney-in-Fact
2019-02-21