SEC Form 4 · accession 0001225208-16-037030
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Orlando D Carvalho
Officer — Executive Vice President
Period of report
Jul 22, 2016
Accepted (ET)
Jul 26, 2016 · 5:03 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 | Jul 22, 2016 | M | 12,700 | $82.52 | A | 29,120 | D | |
| Common StockF1 | Jul 22, 2016 | S | 4,333 | $255.2478 | D | 24,787 | D | |
| Common StockF2 | Jul 22, 2016 | S | 8,367 | $254.543 | D | 16,420 | D | |
| Common StockF3 | Jul 22, 2016 | G | 982 | $0.00 | D | 15,438 | D | |
| Common StockF4 | holding | — | — | — | 10,460 | 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) | $82.52 | Jul 22, 2016 | M | 12,700 | D | Jan 26, 2010 | Jan 25, 2019 | Common Stock | 12,700 | 0 | D |
Explanation of responses
- F1The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $255.05 to $255.64. 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 $254.056307 to $255.032201. 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.
- F4Shares 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, and additional shares acquired through dividend reinvestment.