SEC Form 4 · accession 0001225208-15-001584
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Kenneth R Possenriede
Officer — Vice President & Treasurer
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,F1 | — | Jan 14, 2015 | J | 2,019 | D | — | — | Common Stock | 2,019 | 0 | I |
| Phantom Stock UnitsF4,F1,F3 | — | holding | — | — | — | — | — | Common Stock | 1,412 | 1,412 | I |
| Phantom Stock UnitsF4,F1,F5 | — | holding | — | — | — | — | — | Common Stock | 1,621 | 1,621 | 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).
- F3Phantom stock units acquired under the Lockheed Martin Supplemental Salaried Savings Plan exempt under Section 16(b) which will be settled upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.
- F4End of period holdings include phantom stock units acquired through dividend reinvestment.
- F5Phantom stock units acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.