Michael A. Hardesty - 14 Feb 2022 Form 4 Insider Report for NORTHROP GRUMMAN CORP /DE/ (NOC)

Role: Corp VP, Controller & CAO
Signature: /s/ Jennifer C. McGarey, Attorney-in-Fact
Issuer symbol: NOC
Transactions as of: 14 Feb 2022
Net transactions value: -$231,503
Form type: 4
Filing time: 16 Feb 2022, 16:07:09 UTC
Next filing: 17 Feb 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	NOC	Common Stock	Options Exercise	$0	+766	+19%	$0.000000	4,809	14 Feb 2022	Direct
transaction	NOC	Common Stock	Tax liability	$93,744	-240	-5%	$390.60	4,569	14 Feb 2022	Direct
transaction	NOC	Common Stock	Sale	$137,759	-347	-7.6%	$397.00	4,222	14 Feb 2022	Direct	F1
transaction	NOC	Common Stock	Gift	$0	-1,100	-26%	$0.000000	3,122	14 Feb 2022	Direct

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	NOC	Restricted Stock Rights	Options Exercise	$0	-766	-36%	$0.000000	1,360	14 Feb 2022	Common Stock	766		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the reporting person.
F2	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.
F3	Shares issued upon vesting of RSRs granted under the Long-Term Incentive Stock Plan ("LTISP") on 2/13/19 that vested on 2/14/22.