SEC Form 4 · accession 0001225208-16-042810
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John W Mollard
Officer — Vice President & Treasurer
Period of report
Dec 2, 2016
Accepted (ET)
Dec 6, 2016 · 5:30 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 | Dec 2, 2016 | M | 47 | $0.00 | A | 2,110 | D | |
| Common StockF1,F2 | Dec 2, 2016 | F | 47 | $267.62 | D | 2,063 | D | |
| Common StockF2 | holding | — | — | — | 169 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitsF1,F3 | — | Dec 2, 2016 | M | 47 | D | — | Feb 26, 2019 | Common Stock | 47 | 1,335 | D |
Explanation of responses
- F1Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units granted on February 26, 2016 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.
- F2End of period holdings include additional shares acquired through dividend reinvestment.
- F3Each restricted stock unit represents a contingent right to receive one share of LMT common stock.