| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LHX | Common Stock, Par Value $1.00 | Options Exercise | $0 | +28.2K | +30.53% | $0.00 | 120K | Feb 24, 2023 | Direct | F1, F2, F3 |
| transaction | LHX | Common Stock, Par Value $1.00 | Tax liability | -$2.23M | -10.6K | -8.81% | $210.15 | 110K | Feb 24, 2023 | Direct | F4 |
| holding | LHX | Common Stock, Par Value $1.00 | 12.6K | Feb 24, 2022 | By grantor retained annuity trust | F3 |
| Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| transaction | LHX | Performance Stock Units | Options Exercise | $0 | -25.9K | -100% | $0.00* | 0 | Feb 24, 2023 | Common Stock, Par Value $1.00 | 25.9K | $0.00 | Direct | F5 |
| transaction | LHX | Non-Qualified Stock Option (Right to Buy) | Award | $0 | +61.6K | $0.00 | 61.6K | Feb 24, 2023 | Common Stock, Par Value $1.00 | 61.6K | $210.15 | Direct | F6 | |
| transaction | LHX | Restricted Stock Units | Award | $0 | +16.1K | $0.00 | 16.1K | Feb 24, 2023 | Common Stock, Par Value $1.00 | 16.1K | $0.00 | Direct | F7 |
| Id | Content |
|---|---|
| F1 | Settlement of performance stock units granted on 2/28/2020 (previously reported) in shares of common stock following the end of the 3-year performance period. Includes 2,256 shares earned in excess of the amount previously reported as performance stock units based on the performance stock unit payout formula. |
| F2 | Includes 2,662 shares previously reported as indirectly owned through a grantor retainer annuity trust that were distributed to the reporting person pursuant to the terms of the grantor retainer annuity trust on 1/30/2023, and 4.19 shares acquired through the Issuer's retirement plan since last reported by the reporting person based on information provided by the plan's administrator as of 12/31/2022. |
| F3 | 2,000 and 7,300 shares of common stock were contributed by the reporting person to a grantor retained annuity trust for the benefit of himself and his three adult children on 2/1/2023 and 2/3/2023, respectively. |
| F4 | Shares withheld by the Issuer to pay tax liability on the settlement of performance stock units. |
| F5 | Award of performance stock units that vested on 12/30/2022 following the end of the 3-year performance period and were settled in shares of common stock on 2/24/2023 based on the performance stock unit payout formula. |
| F6 | Options to purchase shares of common stock generally vest ratably on 2/24/2024, 2/24/2025, and 2/24/2026 and remain exercisable, subject to continued employment (with certain exceptions) and the terms and conditions of the stock option award agreement. |
| F7 | Award of restricted stock units subject to future vesting on 2/24/2026, subject to continued employment (with certain exceptions) and the terms and conditions of the restricted unit award agreement. Each restricted stock unit represents a contingent right to receive 1 share of common stock, with vested units settled in shares common stock. Does not include performance stock units granted on 2/24/2023, which vest solely upon achievement of pre-established performance goals over a 3 year performance period. |
Exhibit List: Exhibit 24 - Power of Attorney