Robert M. Lightfoot JR - May 20, 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Executive Vice President
Signature
Robert M. Lightfoot, Jr., by Kerri R. Morey, Attorney-in-fact
Stock symbol
LMT
Transactions as of
May 20, 2022
Transactions value $
-$163,722
Form type
4
Date filed
5/24/2022, 05:47 PM
Previous filing
Feb 25, 2022
Next filing
Feb 24, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +878 $0.00 878 May 20, 2022 Direct F1
transaction LMT Common Stock Tax liability -$164K -386 -43.96% $424.15 492 May 20, 2022 Direct F2
holding LMT Common Stock 114 May 20, 2022 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 -878 -100% 0 May 20, 2022 Common Stock 878 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 May 20, 2019, 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.