0001628280-22-003037.txt : 20220217
0001628280-22-003037.hdr.sgml : 20220217
20220217164143
ACCESSION NUMBER: 0001628280-22-003037
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20220215
FILED AS OF DATE: 20220217
DATE AS OF CHANGE: 20220217
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: CHESTON SHEILA C.
CENTRAL INDEX KEY: 0001499087
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16411
FILM NUMBER: 22648791
MAIL ADDRESS:
STREET 1: C/O NORTHROP GRUMMAN CORPORATION
STREET 2: 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
wf-form4_164513407982273.xml
FORM 4
X0306
4
2022-02-15
0
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001499087
CHESTON SHEILA C.
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH
VA
22042
0
1
0
0
Corp. VP & General Counsel
Common Stock
2022-02-15
4
M
0
8191
0
A
38754.86
D
Common Stock
2022-02-15
4
F
0
3957
384.77
D
34797.86
D
Restricted Stock Rights
2022-02-15
4
A
0
2130
0
A
Common Stock
2130.0
7182
D
Restricted Performance Stock Rights
2022-02-15
4
A
0
6140
0
A
Common Stock
6140.0
24320
D
Restricted Performance Stock Rights
2022-02-15
4
M
0
8191
0
D
Common Stock
8191.0
16129
D
Each Restricted Stock Right ("RSR") represents a contingent right to receive an equivalent number of shares in 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 Long-Term Incentive Stock Plan ("LTISP") on 2/15/22 and will vest on 2/18/25.
Each Restricted Performance Stock Right ("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) 1,477 vested RPSRs with respect to the measurement period ended 12/31/21 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/13/19 that resulted in settlement at 122% of the target award; and (ii) 4,663 unvested RPSRs granted under the LTISP on 2/15/22 with a measurement period ending on 12/31/24. A total of 8,191 shares were issued in settlement of the 2019 RPSRs with a measurement period that ended 12/31/21, and the target award amount of 6,714 RPSRs was previously reported in connection with the grant of the 2019 RPSRs.
/s/ Jennifer C. McGarey, Attorney-in-Fact
2022-02-17