SEC Form 4 · accession 0001225208-15-002807
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Dale P Bennett
Officer — Executive Vice President
Period of report
Jan 30, 2015
Accepted (ET)
Feb 3, 2015 · 4:09 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000936468
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF1 | Jan 30, 2015 | M | 2,496 | $0.00 | A | 2,585 | D | |
| Common StockF2 | Jan 30, 2015 | F | 861 | $188.37 | D | 1,724 | D | |
| Common StockF3 | holding | — | — | — | 8,029 | I | Lockheed Martin Salaried Savings Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jan 30, 2015 | M | 2,496 | D | — | Jan 30, 2015 | Common Stock | 2,496 | 0 | D |
Explanation of responses
- F1Each restricted stock unit granted on January 30, 2012 was the economic equivalent of one share of LMT common stock.
- F2Disposition to the Issuer of shares to satisfy the Reporting Person's tax withholding obligation upon vesting of restricted stock units which is exempt under Rule 16b-3.
- F3Shares previously acquired under the Lockheed Martin Salaried Savings Plan exempt under Section 16(b) which will be settled upon the Reporting Person's retirement or termination of service.