Matthew Fox Bromberg - May 4, 2022 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Signature
/s/ Jennifer C. McGarey, Attorney-in-Fact
Stock symbol
NOC
Transactions as of
May 4, 2022
Transactions value $
$0
Form type
4
Date filed
5/6/2022, 05:17 PM
Previous filing
Feb 17, 2022
Next filing
Feb 21, 2023

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 Performance Stock Rights Award $0 +3.37K $0.00 3.37K May 4, 2022 Common Stock 3.37K Direct F1
transaction NOC Restricted Stock Rights Award $0 +6.55K $0.00 6.55K May 4, 2022 Common Stock 6.55K Direct F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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. The RPSRs were granted under the 2011 Long-Term Incentive Stock Plan ("LTISP") on 5/4/22 with a measurement period ending on 12/31/24. Grants awarded pursuant to Rule 16b-3(d).
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. The RSRs were granted under the LTISP on 5/4/22. 2,720 of the RSRs will vest on 5/4/23, 2,266 will vest on 5/6/24 and 1,564 will vest on 5/5/25.