Frank A. St John - Apr 25, 2024 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role: Chief Operating Officer
Signature: Frank. A. St. John, by John E. Stevens, Attorney-in-fact
Stock symbol: LMT
Transactions as of: Apr 25, 2024
Transactions value $: $0
Form type: 4
Date filed: 4/29/2024, 06:40 PM
Previous filing: Mar 5, 2024

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMT	Common Stock	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities	$0	-8.33	-99.94%	$0.00^*	0	Apr 25, 2024	Lockheed Martin Salaried Savings Plan	F1

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	Discretionary transaction in accordance with Rule 16b-3(f) resulting in acquisition or disposition of issuer securities		-99.6	-100%		0	Apr 25, 2024	Common Stock	99.6		LM Supplemental Savings Plan	F1, F2, F3
holding	LMT	Phantom Stock Units						153	Apr 25, 2024	Common Stock	153		Lockheed Martin DMICP	F4, F5

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($464.78).
F2	Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock acquired under the Lockheed Martin Supplemental Savings Plan will be settled in cash upon the Reporting Person's retirement or termination of service.
F3	Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's Supplemental Savings Plan.
F4	Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) will be settled in stock upon the Reporting Person's retirement or termination of service.
F5	Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.