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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (Instr. 3 and 4) |
8. Price of Derivative Security (Instr. 5) |
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) |
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) |
11. Nature of Indirect Beneficial Ownership (Instr. 4) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Stock Option (Option-to-Buy) | $ 69.14 | 02/15/2011 | A | 65,568 | 02/15/2012(5) | 02/15/2018 | Common Stock | 65,568 | $ 0 | 65,568 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
ERVIN GARY W. 1840 CENTURY PARK EAST LOS ANGELES, CA 90067 |
Corp VP & Pres Aerospace Sys |
Kathleen M. Salmas, Attorney-in-fact for Gary W. Ervin | 02/17/2011 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Total amount includes 21,900 unvested Restricted Performance Stock Rights (RPSRs) granted under the 2001 Long-Term Incentive Stock Plan (LTISP) on 2/17/09, with the valuation of performance measurement period ("measurement period") ending 12/31/11; and 31,600 unvested RPSRs granted under the 2001 LTISP on 2/16/10, with measurement period ending on 12/31/12. Grants awarded pursuant to Rule 16b-3(d). |
(2) | Total amount includes 21,900 unvested RPSRs granted under the LTISP on 2/17/09, with the measurement period ending 12/31/11; 31,600 unvested RPSRs granted under the LTISP on 2/16/10, with measurement period ending on 12/31/12; and 15,409 unvested RPSRs granted under the LTISP on 2/15/11, with the measurement period ending 12/31/13. Grants awarded pursuant to Rule 16b-3(d). |
(3) | Total amount includes 21,900 unvested RPSRs granted under the LTISP on 2/17/09, with the measurement period ending 12/31/11; 31,600 unvested RPSRs granted under the LTISP on 2/16/10, with measurement period ending on 12/31/12; 15,409 unvested RPSRs granted under the LTISP on 2/15/11, with the measurement period ending 12/31/13; and 15,409 unvested Restricted Stock Rights ("RSRs") plus an additional 18,491 RSRs (totaling 33,900 RSRs) granted under the LTISP on 2/15/11, each cliff vests 100% from the fourth anniversary of the grant date on 2/15/15. Grants awarded pursuant to Rule 16b-3(d). |
(4) | Held in the Northrop Grumman Savings and Investment Plan, a qualified profit sharing plan, as of January 28, 2011. Share totals with respect to the Plan are based upon unit accounting and therefore may reflect a decrease in units attributable to an individual though no disposition occurred. |
(5) | The option vests over a period of three years to the extent of one-third (33%) annual equal installments on 2/15/12, 2/15/13 and 2/15/14. |