Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LMT | Common Stock | Options Exercise | $0 | +15 | +0.14% | $0.00 | 10.5K | Dec 9, 2022 | Direct | F1 |
transaction | LMT | Common Stock | Tax liability | -$7.25K | -15 | -0.14% | $483.58 | 10.5K | Dec 9, 2022 | Direct | F2 |
holding | LMT | Common Stock | 21.2 | Dec 9, 2022 | Lockheed Martin Salaried Savings Plan | F3 |
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 | -15 | -0.97% | 1.53K | Dec 9, 2022 | Common Stock | 15 | Direct | F1, F4 |
Id | Content |
---|---|
F1 | Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 23, 2022, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remain subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date. |
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 reflect daily account balance fluctuations due to the unitized nature of the Plan's company stock/ESOP fund. |
F4 | Each restricted stock unit represents a contingent right to receive one share of LMT common stock. |