Mark A. Caylor - 14 Feb 2022 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
CVP & Pres, Mission Systems
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol
NOC
Transactions as of
14 Feb 2022
Net transactions value
-$567,542
Form type
4
Filing time
16 Feb 2022, 16:00:29 UTC
Previous filing
09 Dec 2021
Next filing
17 Feb 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NOC Common Stock Options Exercise $0 +3,830 +29% $0.000000 17,249 14 Feb 2022 Direct
transaction NOC Common Stock Tax liability $567,542 -1,453 -8.4% $390.60 15,796 14 Feb 2022 Direct
holding NOC Common Stock 37 14 Feb 2022 Held in Northrop Grumman Savings Plan F1

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 -3,830 -40% $0.000000 5,829 14 Feb 2022 Common Stock 3,830 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Held in the Northrop Grumman Savings Plan (the Plan), a qualified defined contribution plan, as of February 14, 2022. 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.
F2 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.
F3 Shares issued upon vesting of RSRs granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/13/19 that vested on 2/14/22.