KAHN MICHAEL A (Fmr EVP, Pres Defense Sys Grp) received a stock award from NORTHROP GRUMMAN INNOVATION SYSTEMS, INC.

Compensation award — not an open‑market transaction. Less informative as a directional signal.

A · 1 award

KAHN MICHAEL A

Filed: 6/8/2018ACC: 0001104659-18-039159

InsiderKAHN MICHAEL ACIK 1277339

→

IssuerNORTHROP GRUMMAN INNOVATION SYSTEMS, INC.CIK 866121

Officer· Fmr EVP, Pres Defense Sys Grp

Since Jun 2018

-84.06K

Net shares

Net seller

$7.18M

Total sold

Open market trades

0B · 0S

Total transactions

3.58K acquired · 87.64K disposed

Non-Derivative Transactions5

Common Stock

Direct

D · Disposition

−2.02K

Price / share

—

Trade value

—

% of position

3.9%

6/6/2018

51.40K→49.38K

Common Stock

Direct

D · Disposition

−49.38K

Price / share

$134.50

Trade value

$6.64M

% of position

New position

6/6/2018

49.38K→0.00

Common Stock

Indirect

D · Disposition

−419.00

Price / share

$134.50

Trade value

$56.36K

% of position

New position

6/6/2018

419.00→0.00

Common Stock

Direct

A · Award

+3.58K

Price / share

—

Trade value

—

% of position

New position

6/6/2018

0.00→3.58K

Common Stock

Direct

D · Disposition

−3.58K

Price / share

$134.50

Trade value

$481.78K

% of position

New position

6/6/2018

3.58K→0.00

Total

Net shares

−51.82K

Net value

-$7.18M

Security	Date	Type	Shares	Price / Share	Trade Value	% of Position	Held Before	Held After
Common Stock Direct	6/6/2018	D · Disposition	−2.02K	—	—	3.9%	51.40K	49.38K
Common Stock Direct	6/6/2018	D · Disposition	−49.38K	$134.50	$6.64M	New position	49.38K	0.00
Common Stock Indirect	6/6/2018	D · Disposition	−419.00	$134.50	$56.36K	New position	419.00	0.00
Common Stock Direct	6/6/2018	A · Award	+3.58K	—	—	New position	0.00	3.58K
Common Stock Direct	6/6/2018	D · Disposition	−3.58K	$134.50	$481.78K	New position	3.58K	0.00
Total			−51.82K		-$7.18M

Derivative Transactions7

Phantom Stock Units

Direct

D · Disposition

Converts to

Common Stock

1.27K shares

−1.27K

Strike price

Held after

0.00

Exercisable

—

6/6/2018

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

6.82K shares

−6.82K

Strike price

26.2528

Held after

0.00

Exercisable

—

6/6/2018

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

6.09K shares

−6.09K

Strike price

30.4041

Held after

0.00

Exercisable

—

6/6/2018

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

2.76K shares

−2.76K

Strike price

61.6541

Held after

0.00

Exercisable

—

6/6/2018

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

5.60K shares

−5.60K

Strike price

72.06

Held after

0.00

Exercisable

—

6/6/2018

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

5.60K shares

−5.60K

Strike price

79.43

Held after

0.00

Exercisable

—

6/6/2018

Employee Stock Option (Right to Buy)

Direct

D · Disposition

Converts to

Common Stock

4.09K shares

−4.09K

Strike price

93.51

Held after

0.00

Exercisable

—

6/6/2018

Security	Converts To	Date	Type	Shares	Strike Price	Exercisable
Phantom Stock Units Direct	Common Stock1.27K shares	6/6/2018	D · Disposition	−1.27K		—
Employee Stock Option (Right to Buy) Direct	Common Stock6.82K shares	6/6/2018	D · Disposition	−6.82K	26.2528	—
Employee Stock Option (Right to Buy) Direct	Common Stock6.09K shares	6/6/2018	D · Disposition	−6.09K	30.4041	—
Employee Stock Option (Right to Buy) Direct	Common Stock2.76K shares	6/6/2018	D · Disposition	−2.76K	61.6541	—
Employee Stock Option (Right to Buy) Direct	Common Stock5.60K shares	6/6/2018	D · Disposition	−5.60K	72.06	—
Employee Stock Option (Right to Buy) Direct	Common Stock5.60K shares	6/6/2018	D · Disposition	−5.60K	79.43	—
Employee Stock Option (Right to Buy) Direct	Common Stock4.09K shares	6/6/2018	D · Disposition	−4.09K	93.51	—