Michael A. Hardesty - Feb 13, 2023 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 13, 2023
Transactions value $
-$638,365
Form type
4
Date filed
2/15/2023, 04:00 PM
Previous filing
Mar 2, 2022
Next filing
Feb 17, 2023
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 +594 +16.93% $0.00 4.1K Feb 13, 2023 Direct
transaction NOC Common Stock Tax liability -$87.3K -188 -4.58% $464.28 3.91K Feb 13, 2023 Direct
transaction NOC Common Stock Sale -$551K -1.18K -30.09% $467.81 2.74K Feb 13, 2023 Direct 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 -594 -29.48% $0.00 1.42K Feb 13, 2023 Common Stock 594 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 of 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 2/12/20 that vested on 2/13/23.