Vicki Hollub - Sep 30, 2021 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
Vicki Hollub, by Kerri R. Morey, Attorney -in-fact
Stock symbol
LMT
Transactions as of
Sep 30, 2021
Transactions value $
$0
Form type
4
Date filed
10/1/2021, 08:31 PM
Previous filing
Jul 1, 2021
Next filing
Jan 4, 2022

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 Phantom Stock Units Award +118 +12.25% 1.08K Sep 30, 2021 Common Stock 118 Lockheed Martin Directors Deferred Comp Plan F1, F2, F3
holding LMT Phantom Stock Units 1.74K Sep 30, 2021 Common Stock 1.74K Lockheed Martin Directors Equity Plan F1, F3, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Lockheed Martin Corporation common stock.
F2 The information pertains to phantom stock units acquired at $345.10 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled in cash upon the reporting person's retirement or termination of service.
F3 End of period holdings include additional acquisitions through dividend reinvestment.
F4 The information pertains to previously acquired stock units under the Lockheed Martin Corporation Amended and Restated Directors Equity Plan exempt under Section 16(b). Settlement in cash or stock (as elected by the director) will occur upon the reporting person's retirement or termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have payment of awards (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.