SEC Form 4 · accession 0001225208-15-001579
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maryanne Lavan
Officer — SVP & General Counsel
Period of report
Jan 14, 2015
Accepted (ET)
Jan 16, 2015 · 9:29 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000936468
Table I — non-derivative securities
No Table I lines on this filing.
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Phantom Stock UnitsF2,F3,F1 | — | Jan 14, 2015 | J | 1,817 | D | — | — | Common Stock | 1,817 | 3,083 | I |
| Phantom Stock UnitsF3,F1,F4 | — | holding | — | — | — | — | — | Common Stock | 1,695 | 1,695 | I |
| Phantom Stock UnitsF3,F1,F5 | — | holding | — | — | — | — | — | Common Stock | 4,715 | 4,715 | I |
Explanation of responses
- F1The phantom stock units convert on a 1-for-1 basis.
- F2Settlement in cash of phantom stock units at $192.57 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).
- F3End of period holdings include phantom stock units acquired through dividend reinvestment.
- F4Phantom stock units previously acquired under the Lockheed Martin Supplemental Salaried Savings Plan exempt under Section 16(b) and will be settled upon the reporting person's retirement or termination of service.
- F5Phantom stock units previously acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock upon the reporting person's retirement or termination of service.