Gregory M. Ulmer - Feb 23, 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role: Executive Vice President
Signature: Gregory M. Ulmer, by Kerri R. Morey, Attorney-in-fact
Stock symbol: LMT
Transactions as of: Feb 23, 2022
Transactions value $: -$495,831
Form type: 4
Date filed: 2/25/2022, 04:05 PM
Previous filing: Feb 23, 2022
Next filing: Aug 4, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMT	Common Stock	Sale	-$496K	-1.2K	-14.8%	$411.82	6.93K	Feb 25, 2022	Direct	F1
holding	LMT	Common Stock						33.3	Feb 23, 2022	Lockheed Martin Salaried Savings Plan

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	Award	$0	+3.09K		$0.00	3.09K	Feb 23, 2022	Common Stock	3.09K		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $411.60 to $411.94. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sales price.
F2	Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
F3	Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible reporting persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the reporting person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.