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
Next filing
Dec 10, 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.