SEC Form 4 · accession 0001225208-16-027710
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 22, 2016
Accepted (ET)
Feb 23, 2016 · 9:19 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 22, 2016 | M | 10,800 | $106.87 | A | 34,187 | D | |
| Common StockF1 | Feb 22, 2016 | S | 6,000 | $215.2006 | D | 28,187 | D | |
| Common StockF2 | Feb 22, 2016 | S | 10,800 | $215.1819 | D | 17,387 | D | |
| Common StockF3 | holding | — | — | — | 8,307 | 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) | $106.87 | Feb 22, 2016 | M | 10,800 | D | Jan 28, 2009 | Jan 26, 2018 | Common Stock | 10,800 | 0 | D |
Explanation of responses
- F1The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $215.085 to $215.42. 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 $214.82 to $215.00. 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.