Ilene S. Gordon - Mar 31, 2023 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
Ilene S. Gordon, by Kerri R. Morey, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Mar 31, 2023
Transactions value $
-$81,870
Form type
4
Date filed
4/4/2023, 09:42 AM
Previous filing
Feb 17, 2023
Next filing
May 11, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +431 +33.37% $0.00 1.72K Mar 31, 2023 Direct F1
transaction LMT Common Stock Disposed to Issuer -$81.9K -173 -10.05% $472.73 1.55K Mar 31, 2023 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 -431 -14.8% 2.48K Mar 31, 2023 Common Stock 431 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 Phantom stock units convert to common stock on a one-for-one basis.
F2 The reporting person previously elected payment of her 2022 equity award and accrued dividend equivalents thereon 60 percent in common stock and 40 percent in cash in accordance with the terms of the Lockheed Martin Corporation Amended and Restated Directors Equity Plan.
F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.