Ellis James O Jr. - 15 Feb 2024 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
James O. Ellis, Jr., by John E. Stevens, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
15 Feb 2024
Net transactions value
$0
Form type
4
Filing time
20 Feb 2024, 19:03:59 UTC
Previous filing
04 Apr 2023
Next filing
03 Apr 2024
SEC
View on sec.gov

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 Award +134 +0.59% 22,778 15 Feb 2024 Common Stock 134 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 phantom stock units were acquired at $423.12 per share and will vest in full upon retirement due to the age limitation in the bylaws or upon death, disability, or change in control, if earlier.
F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

Remarks:

Exhibit 24, Substitute Power of Attorney