Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | LMT | Common Stock | Award | $0 | +18K | +57.91% | $0.00 | 49.2K | Feb 25, 2024 | Direct | F1 |
transaction | LMT | Common Stock | Options Exercise | $0 | +12.3K | +25% | $0.00 | 61.5K | Feb 25, 2024 | Direct | F2 |
transaction | LMT | Common Stock | Tax liability | -$5.9M | -13.7K | -22.25% | $431.12 | 47.8K | Feb 25, 2024 | Direct | F3 |
holding | LMT | Common Stock | 51.6 | Feb 25, 2024 | Lockheed Martin Salaried Savings Plan | F4 |
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 | -12.3K | -100% | $0.00* | 0 | Feb 25, 2024 | Common Stock | 12.3K | Direct | F2, F5 |
Id | Content |
---|---|
F1 | Shares acquired upon settlement of performance stock units granted on February 25, 2021, following the end of a three-year performance period 2021-2023 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics. |
F2 | Restricted stock units convert to common stock on a one-for-one basis. |
F3 | 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. |
F4 | Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan. |
F5 | On February 25, 2021, the reporting person was granted 12,291 restricted stock units that vested on the third anniversary of the grant date. |