SEC Form 4 · accession 0001225208-15-001586
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard H Edwards
Officer — Executive Vice President
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 | 1,286 | D | — | — | Common Stock | 1,286 | 0 | I |
| Phantom Stock UnitsF4,F1,F3 | — | holding | — | — | — | — | — | Common Stock | 609 | 609 | 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 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.
- F4End of period holdings include phantom stock units acquired through dividend reinvestment.