SEC Form 4/A · accession 0001225208-16-027708
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
This is an amendment (Form 4/A). It replaces an earlier filing for the same period.
Reporting owner
Dale P Bennett
Officer — Executive Vice President
Period of report
Jan 28, 2016
Accepted (ET)
Feb 23, 2016 · 9:17 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 StockF1 | Jan 28, 2016 | M | 152 | $0.00 | A | 37,650 | D | |
| Common StockF2,F3 | Jan 28, 2016 | F | 14,263 | $206.66 | D | 23,387 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1 | — | Jan 28, 2016 | M | 152 | D | — | Jan 29, 2018 | Common Stock | 152 | 3,748 | D |
Explanation of responses
- F1Represents the accelerated vesting of shares received upon the conversion (on a one-for-one basis) of a portion of restricted stock units granted on January 29, 2015 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.
- F2This amendment is being filed to correct the number of shares disposed of to the Issuer of shares to satisfy the Reporting Person's tax withholding obligations upon vesting of stock units which is exempt under Rule 16b-3.
- F3End of period holdings include additional shares acquired through dividend reinvestment.