SEC Form 4 · accession 0001225208-15-021824

LOCKHEED MARTIN CORP · LMT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Vice President & Treasurer

Period of report

Dec 4, 2015

Accepted (ET)

Dec 7, 2015 · 6:09 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 Stock^F1,F2	Dec 4, 2015	M	117	$0.00	A	1,977	D
Common Stock	Dec 4, 2015	F	117	$218.39	D	1,860	D
Common Stock^F3	Dec 4, 2015	S	1,860	$218.943	D	0	D
Common Stock^F2	holding	—	—		—	632	I	Lockheed Martin Salaried Savings Plan

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Restricted Stock Units^F4,F1	—	Dec 4, 2015	M	117	D	—	Jan 27, 2017	Common Stock	117	2,436	D

F1Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units granted on January 27, 2014 with a value equal to the tax withholding obligations for the retirement-eligible Reporting Person and disposition to the Issuer of such shares to satisfy the Reporting Person's tax withholding obligations, which transaction is exempt under Rule 16b-3. Tax withholding is required following certification of a one-year performance goal for a retirement-eligible Reporting Person or when the Reporting Person becomes retirement-eligible, if later.
F2End of period holdings include additional shares acquired through dividend reinvestment.
F3The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $218.66 to $219.32. 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.
F4Each restricted stock unit represents a contingent right to receive one share of LMT common stock.