Brian P. Colan - Apr 25, 2021 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Signature
Brian P. Colan, by Kerri R. Morey, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Apr 25, 2021
Transactions value $
-$83,004
Form type
4
Date filed
6/16/2021, 05:22 PM
Next filing
Dec 7, 2021

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +486 +75.43% $0.00 1.13K Apr 25, 2021 Direct F1
transaction LMT Common Stock Tax liability -$83K -220 -19.46% $377.29 910 Apr 25, 2021 Direct F2
holding LMT Common Stock 544 Apr 25, 2021 Lockheed Martin Salaried Savings Plan F3

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction LMT Restricted Stock Units Options Exercise -486 -100% 0 Apr 25, 2021 Common Stock 486 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each restricted stock unit granted on April 25, 2018, was the economic equivalent of one share of LMT common stock.
F2 Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3.
F3 End of period holdings include additional acquisitions under the Plan.
F4 Each restricted stock unit represents a contingent right to receive one share of LMT common stock.