SEC Form 4 · accession 0001225208-18-016495
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 7, 2018
Accepted (ET)
Dec 11, 2018 · 5:48 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 7, 2018 | M | 21 | $0.00 | A | 3,738 | D | |
| Common StockF2 | Dec 7, 2018 | M | 14 | $0.00 | A | 3,752 | D | |
| Common StockF3 | Dec 7, 2018 | F | 14 | $285.40 | D | 3,738 | D | |
| Common StockF3,F4 | Dec 7, 2018 | F | 21 | $285.40 | D | 3,717 | D | |
| Common StockF5 | holding | — | — | — | 207 | 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,F6 | — | Dec 7, 2018 | M | 21 | D | — | Feb 22, 2021 | Common Stock | 21 | 613 | D |
| Restricted Stock UnitsF2,F6 | — | Dec 7, 2018 | M | 14 | D | — | Apr 25, 2021 | Common Stock | 14 | 410 | D |
Explanation of responses
- F1Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2018 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. The balance of the RSUs remain subject to continued vesting.
- F2Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on April 25, 2018 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. The balance of the RSUs remain subject to continued vesting.
- F3Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units which is exempt under Rule 16b-3.
- F4End of period holdings include additional acquisitions through dividend reinvestment.
- F5Includes additional shares acquired under the Lockheed Martin Corporation Salaried Savings Plan.
- F6Each restricted stock unit represents a contingent right to receive one share of LMT common stock.