0001628280-24-005300.txt : 20240216
0001628280-24-005300.hdr.sgml : 20240216
20240216141031
ACCESSION NUMBER: 0001628280-24-005300
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20240214
FILED AS OF DATE: 20240216
DATE AS OF CHANGE: 20240216
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hardesty Michael A
CENTRAL INDEX KEY: 0001569355
ORGANIZATION NAME:
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-16411
FILM NUMBER: 24647432
MAIL ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
ISSUER:
COMPANY DATA:
COMPANY CONFORMED NAME: NORTHROP GRUMMAN CORP /DE/
CENTRAL INDEX KEY: 0001133421
STANDARD INDUSTRIAL CLASSIFICATION: SEARCH, DETECTION, NAVIGATION, GUIDANCE, AERONAUTICAL SYS [3812]
ORGANIZATION NAME: 04 Manufacturing
IRS NUMBER: 800640649
FISCAL YEAR END: 1231
BUSINESS ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
STREET 2: C/O NORTHROP GRUMMAN CORP
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
BUSINESS PHONE: 703-280-2900
MAIL ADDRESS:
STREET 1: 2980 FAIRVIEW PARK DRIVE
STREET 2: C/O NORTHROP GRUMMAN CORP
CITY: FALLS CHURCH
STATE: VA
ZIP: 22042
FORMER COMPANY:
FORMER CONFORMED NAME: NNG INC
DATE OF NAME CHANGE: 20010129
4
1
wk-form4_1708110621.xml
FORM 4
X0508
4
2024-02-14
0
0001133421
NORTHROP GRUMMAN CORP /DE/
NOC
0001569355
Hardesty Michael A
2980 FAIRVIEW PARK DRIVE
FALLS CHURCH
VA
22042
0
1
0
0
Corp VP, Controller & CAO
0
Common Stock
2024-02-14
4
M
0
2377.26
0
A
5419.13
D
Common Stock
2024-02-14
4
F
0
747
446.37
D
4672.13
D
Restricted Stock Rights
2024-02-14
4
A
0
554
0
A
Common Stock
554
2513
D
Restricted Performance Stock Rights
2024-02-14
4
A
0
1899.26
0
A
Common Stock
1899.26
6188.26
D
Restricted Performance Stock Rights
2024-02-14
4
M
0
2377.26
0
D
Common Stock
2377.26
3811
D
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 Long-Term Incentive Stock Plan ("LTISP") on 2/14/24 and will vest on 2/14/27.
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. Grants awarded pursuant to Rule 16b-3(d).
The RPSRs acquired include (i) 691.26 vested RPSRs with respect to the measurement period ended 12/31/23 acquired due to settlement of the RPSRs granted under the LTISP on 2/16/21 that resulted in settlement at 141% of the target award; and (ii) 1,208 unvested RPSRs granted under the LTISP on 2/14/24 with a measurement period ending on 12/31/26. A total of 2,377.26 shares were issued in settlement of the 2021 RPSRs with a measurement period that ended 12/31/23, and the target award amount of 1,686 RPSRs was previously reported in connection with the grant of the 2021 RPSRs.
/s/ Jennifer C. McGarey, Attorney-in-Fact
2024-02-16