Frank A. St John - Mar 1, 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role: Chief Operating Officer
Signature: Frank A. St. John, by Kerri R. Morey, Attorney-in-fact
Stock symbol: LMT
Transactions as of: Mar 1, 2022
Transactions value $: -$3,514,923
Form type: 4
Date filed: 3/3/2022, 06:43 PM
Previous filing: Feb 25, 2022
Next filing: Dec 13, 2022

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMT	Common Stock	Sale	-$101K	-230	-2.86%	$438.04	7.83K	Mar 1, 2022	Direct	F1
transaction	LMT	Common Stock	Sale	-$218K	-500	-6.38%	$436.79	7.33K	Mar 1, 2022	Direct	F2
transaction	LMT	Common Stock	Sale	-$3.2M	-7.33K	-100%	$435.78	0	Mar 1, 2022	Direct	F3
transaction	LMT	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$0	-8.82	-100.05%	$0.00^*	0	Mar 2, 2022	Lockheed Martin Salaried Savings Plan	F4

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	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities		-97.8	-100%		0	Mar 2, 2022	Common Stock	97.8		LM Supplemental Savings Plan	F4, F5, F6
holding	LMT	Phantom Stock Units						144	Mar 1, 2022	Common Stock	144		Lockheed Martin DMICP	F5, F6, F7

* 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 $437.95 to $438.16. 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	The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $436.69 to $436.83. 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.
F3	The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $435.5750 to $436.45. 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.
F4	The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($450.00).
F5	Each share of phantom stock is the economic equivalent of one share of Lockheed Martin Corporation common stock.
F6	Includes additional acquisitions under the plan.
F7	Phantom stock units acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.