NORTHROP GRUMMAN CORP /DE/ | 2013 | FY | 3


 
 
Stock
Awards
(in thousands)
 
Weighted-
Average
Grant Date
Fair Value
 
Weighted-
Average
Remaining
Contractual
Term (in years)
Outstanding at January 1, 2011
 
4,300

 

$53

 
1.5
Granted
 
1,748

 
63

 
 
Vested
 
(1,824
)
 
42

 
 
Forfeited
 
(350
)
 
50

 
 
Shipbuilding spin-off adjustment
 
(252
)
 
47

 
 
Outstanding at December 31, 2011
 
3,622

 

$58

 
1.6
Granted
 
1,860

 
60

 
 
Vested
 
(1,800
)
 
55

 
 
Forfeited
 
(204
)
 
59

 
 
Outstanding at December 31, 2012
 
3,478

 

$61

 
1.6
Granted
 
1,577

 
64

 
 
Vested
 
(1,323
)
 
60

 
 
Forfeited
 
(312
)
 
62

 
 
Outstanding at December 31, 2013
 
3,420

 

$61

 
1.5

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