Michael A. Hardesty - Feb 14, 2022 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role
Corp VP, Controller & CAO
Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Stock symbol
NOC
Transactions as of
Feb 14, 2022
Transactions value $
-$231,503
Form type
4
Date filed
2/16/2022, 04:07 PM
Next filing
Feb 17, 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 +766 +18.95% $0.00 4.81K Feb 14, 2022 Direct
transaction NOC Common Stock Tax liability -$93.7K -240 -4.99% $390.60 4.57K Feb 14, 2022 Direct
transaction NOC Common Stock Sale -$138K -347 -7.59% $397.00 4.22K Feb 14, 2022 Direct F1
transaction NOC Common Stock Gift $0 -1.1K -26.05% $0.00 3.12K Feb 14, 2022 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 -766 -36.03% $0.00 1.36K Feb 14, 2022 Common Stock 766 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
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.