Ellis James O Jr. - 01 Apr 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
James O. Ellis, Jr., by Kerri R. Morey, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
01 Apr 2022
Net transactions value
-$231,720
Form type
4
Filing time
05 Apr 2022, 16:32:55 UTC
Previous filing
02 Feb 2022
Next filing
12 May 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +520 +260% $0.000000 720 01 Apr 2022 Direct F1
transaction LMT Common Stock Disposed to Issuer $231,720 -520 -72% $445.98 200 01 Apr 2022 Direct

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 Options Exercise -520 -2.3% 21,688 01 Apr 2022 Common Stock 520 Lockheed Martin Directors Equity Plan F1, F2, F3
* 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 reporting person elected payment of his 2021 equity award and accrued dividend equivalents thereon in cash in accordance with the terms of the Lockheed Martin Corporation Amended and Restated Directors Equity Plan.
F3 End of period holdings include additional acquisitions through dividend reinvestment.