SEC Form 4 · accession 0001225208-15-004615
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
Feb 13, 2015
Accepted (ET)
Feb 18, 2015 · 8:28 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 13, 2015 | M | 12,904 | $82.01 | A | 14,628 | D | |
| Common Stock | Feb 13, 2015 | M | 3,905 | $79.60 | A | 18,533 | D | |
| Common StockF1 | Feb 13, 2015 | S | 3,606 | $198.0711 | D | 14,927 | D | |
| Common StockF2 | Feb 13, 2015 | S | 13,203 | $196.5651 | D | 1,724 | D | |
| Common StockF3 | holding | — | — | — | 8,034 | 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 13, 2015 | M | 12,904 | D | Jan 30, 2013 | Jan 28, 2022 | Common Stock | 12,904 | 0 | D |
| Employee Stock Option (Right-to-buy) | $79.60 | Feb 13, 2015 | M | 3,905 | D | Jan 31, 2012 | Jan 29, 2021 | Common Stock | 3,905 | 0 | D |
Explanation of responses
- F1The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $198.00 to $198.15. 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.
- F2The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $196.40 to $197.05. 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.
- 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.