SEC Form 4 · accession 0001225208-19-001602
LOCKHEED MARTIN CORP · LMT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Maryanne Lavan
Officer — SVP & General Counsel
Period of report
Jan 28, 2019
Accepted (ET)
Jan 30, 2019 · 7:08 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, 2019 | A | 8,708 | $287.87 | A | 10,153 | D | |
| Common StockF2 | Jan 28, 2019 | M | 3,690 | $0.00 | A | 13,843 | D | |
| Common StockF3,F4 | Jan 28, 2019 | F | 5,880 | $287.87 | D | 7,963 | D | |
| Common StockF5 | holding | — | — | — | 737 | 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 UnitsF6 | — | Jan 28, 2019 | M | 3,690 | D | — | Jan 28, 2019 | Common Stock | 3,690 | 0 | D |
Explanation of responses
- F1Shares acquired upon settlement of performance stock units granted on January 28, 2016, following the end of a three-year performance period 2016-2018 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.
- F2Each restricted stock unit granted on January 28, 2016 was the economic equivalent of one share of LMT common stock.
- F3Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of stock units which is exempt under Rule 16b-3.
- F4End of period holdings include additional acquisitions through dividend reinvestment.
- F5End of period holdings include additional acquisitions under the Plan.
- F6Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
Remarks
mrlfinal.txt