NORTHROP GRUMMAN CORP /DE/ — Director's Dealing 2013

Sep 10, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: NORTHROP GRUMMAN CORP /DE/ (NOC)
CIK: 0001133421
Period of Report: 2013-09-06

Reporting Person: PALMER JAMES F (Corp. VP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-09-06	Common Stock	M	47810.0000	$63.2200	Acquired	240690.0000	Direct
2013-09-06	Common Stock	M	43750.0000	$67.5000	Acquired	284440.0000	Direct
2013-09-06	Common Stock	F	77236.0000	$93.1200	Disposed	207204.0000	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-09-06	Stock Option (Right-to-buy)	$63.2200	M	47810.0000	Disposed	2018-02-15	Common Stock (47810.0000)	Direct
2013-09-06	Stock Option (Right-to-buy)	$67.5000	M	43750.0000	Disposed	2017-03-12	Common Stock (43750.0000)	Direct

Footnotes

F1: Shares surrendered to issuer in payment of exercise price and tax liability in connection with stock option exercise in accordance with Rule 16b-3(e).

F2: The remaining shares subject to option will vest on 2/15/14.

F3: The option is fully exercisable.