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

Role
Director
Signature
Ilene S. Gordon, by Kerri R. Morey, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
31 Mar 2023
Net transactions value
-$81,870
Form type
4
Filing time
04 Apr 2023, 09:42:04 UTC
Previous filing
17 Feb 2023
Next filing
11 May 2023
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 +431 +33% $0.000000 1,723 31 Mar 2023 Direct F1
transaction LMT Common Stock Disposed to Issuer $81,870 -173 -10% $472.73 1,550 31 Mar 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 -15% 2,483 31 Mar 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.