SEC Form 4 · accession 0001225208-15-016590
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Bruce L Tanner
Officer — Executive VP & CFO
Period of report
Aug 6, 2015
Accepted (ET)
Aug 7, 2015 · 4:06 pm EDT
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 | Aug 6, 2015 | M | 32,000 | $82.52 | A | 57,501 | D | |
| Common StockF1 | Aug 6, 2015 | S | 529 | $209.5565 | D | 56,972 | D | |
| Common StockF2 | Aug 6, 2015 | S | 31,471 | $209.0708 | D | 25,501 | D | |
| Common StockF3 | holding | — | — | — | 2,280 | 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)F4 | $82.52 | Aug 6, 2015 | M | 32,000 | D | Jan 26, 2010 | Jan 25, 2029 | Common Stock | 32,000 | 49,700 | D |
Explanation of responses
- F1The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $209.52 to $209.63. 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 $208.50 to $209.48. 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.
- F3End of period holdings include additional shares acquired through dividend reinvestment.
- F4The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date.