Evan T. Scott - 06 Jun 2022 Form 3 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Vice President & Treasurer
Signature
Evan T. Scott, by Kerri R. Morey, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
06 Jun 2022
Transactions value $
$0
Form type
3
Filing time
16 Jun 2022, 16:14:12 UTC
Next filing
24 Feb 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
holding LMT Common Stock 411 06 Jun 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
holding LMT Restricted Stock Units 06 Jun 2022 Common Stock 771 Direct F1, F2
holding LMT Restricted Stock Units 06 Jun 2022 Common Stock 772 Direct F1, F2
holding LMT Restricted Stock Units 06 Jun 2022 Common Stock 650 Direct F1, F2
holding LMT Phantom Stock Units 06 Jun 2022 Common Stock 95.8 LM Supplemental Savings Plan F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 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.
F2 Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
F3 Phantom stock units acquired under the Lockheed Martin Supplemental Savings Plan exempt under Section 16(b) which will be settled in cash upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.

Remarks:

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