SEC Form 4 · accession 0001225208-15-003831
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Richard F Ambrose
Officer — Executive Vice President
Period of report
Feb 11, 2015
Accepted (ET)
Feb 12, 2015 · 7:25 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 Stock | Feb 11, 2015 | M | 4,787 | $82.01 | A | 6,076 | D | |
| Common Stock | Feb 11, 2015 | S | 1,289 | $196.231 | D | 4,787 | D | |
| Common StockF1 | Feb 11, 2015 | S | 4,787 | $196.4559 | D | 0 | D | |
| Common StockF2 | holding | — | — | — | 156 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right-to-buy) | $82.01 | Feb 11, 2015 | M | 4,787 | D | Jan 30, 2013 | Jan 28, 2022 | Common Stock | 4,787 | 0 | D |
Explanation of responses
- F1The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $196.25 to $196.55. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sales price.
- F2Shares 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.