Blake E. Larson - 30 Sep 2021 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
30 Sep 2021
Net transactions value
-$296,403
Form type
4
Filing time
04 Oct 2021, 16:37:59 UTC
Previous filing
16 Jun 2021
Next filing
04 Jan 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +1,824 +14% $0.000000 14,697 30 Sep 2021 Direct F1
transaction NOC Common Stock Tax liability $296,403 -823 -5.6% $360.15 13,874 30 Sep 2021 Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction NOC Restricted Stock Rights Options Exercise $0 -1,824 -15% $0.000000 10,526 30 Sep 2021 Common Stock 1,824 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Shares issued upon vesting of Restricted Stock Rights ("RSRs") granted under the 2011 Long-Term Incentive Stock Plan on 2/16/2021 that vested on 9/30/2021.
F2 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.