James D. Taiclet - Jul 27, 2023 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Chairman, President & CEO, Director
Signature
James D. Taiclet, by John E. Stevens, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Jul 27, 2023
Transactions value $
-$2,224,357
Form type
4
Date filed
7/31/2023, 09:08 PM
Previous filing
Mar 1, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +11K +44.17% $0.00 35.9K Jul 27, 2023 Direct F1
transaction LMT Common Stock Tax liability -$2.22M -4.96K -13.82% $448.64 30.9K Jul 27, 2023 Direct F2, F3
holding LMT Common Stock 42.7 Jul 27, 2023 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 $0 -11K -100% $0.00* 0 Jul 27, 2023 Common Stock 11K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert to common stock on a one-for-one basis.
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 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
F4 On July 27, 2020, the reporting person was granted 10,992 restricted stock units that vested on the third anniversary of the grant date.

Remarks:

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