0001628280-23-004316.txt : 20230221
0001628280-23-004316.hdr.sgml : 20230221
20230221162731
ACCESSION NUMBER: 0001628280-23-004316
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20230216
FILED AS OF DATE: 20230221
DATE AS OF CHANGE: 20230221
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: 23648611
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_167701481774847.xml
FORM 4
X0306
4
2023-02-16
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
2023-02-16
4
M
0
7029.45
0
A
31278.39
D
Common Stock
2023-02-16
4
F
0
3396
465.35
D
27882.39
D
Restricted Stock Rights
2023-02-16
4
A
0
1849
0
A
Common Stock
1849.0
6825
D
Restricted Performance Stock Rights
2023-02-16
4
A
0
5834.45
0
A
Common Stock
5834.45
21963.45
D
Restricted Performance Stock Rights
2023-02-16
4
M
0
7029.45
0
D
Common Stock
7029.45
14934
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 2/16/23 and will vest on 2/17/26.
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) 1,822.45 vested RPSRs with respect to the measurement period ended 12/31/22 acquired due to settlement of the RPSRs granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 2/12/20 that resulted in settlement at 135% of the target award; and (ii) 4,012 unvested RPSRs granted under the LTISP on 2/16/23 with a measurement period ending on 12/31/25. A total of 7,029.45 shares were issued in settlement of the 2020 RPSRs with a measurement period that ended 12/31/22, and the target award amount of 5,207 RPSRs was previously reported in connection with the grant of the 2020 RPSRs.
/s/ Jennifer C. McGarey, Attorney-in-Fact
2023-02-21