SEC Form 4 · accession 0001225208-15-003023
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Rosalind G Brewer
Director
Period of report
Feb 2, 2015
Accepted (ET)
Feb 4, 2015 · 6:13 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 | — | Feb 2, 2015 | A | 687 | A | — | — | Common Stock | 687 | 5,753 | I |
| Phantom Stock UnitsF1,F3 | — | holding | — | — | — | — | — | Common Stock | 2,282 | 2,282 | I |
Explanation of responses
- F1The phantom stock units convert on a 1-for-1 basis.
- F2Under the Lockheed Martin Corporation 2009 Directors' Equity Plan, each non-employee director elects to receive an award of phantom stock units in accordance with the plan, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $189.33 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date or, if earlier, upon retirement, death, disability or change in control. Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's retirement or termination of service.
- F3Phantom stock units previously acquired under the Plan exempt under Section 16(b). Units are settled upon the Reporting Person's retirement or termination of service.
Remarks
brefinal.txt