Gregory M. Ulmer - Dec 6, 2024 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
President Aeronautics
Signature
Gregory M. Ulmer, by John E. Stevens, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Dec 6, 2024
Transactions value $
-$53,868
Form type
4
Date filed
12/10/2024, 06:59 PM
Previous filing
Mar 7, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +39 $0.00 39 Dec 6, 2024 Direct F1
transaction LMT Common Stock Options Exercise $0 +33 +45.83% $0.00 105 Dec 6, 2024 Direct F2
transaction LMT Common Stock Options Exercise $0 +33 +84.62% $0.00 72 Dec 6, 2024 Direct F3
transaction LMT Common Stock Tax liability -$16.9K -33 -45.83% $513.03 39 Dec 6, 2024 Direct F4
transaction LMT Common Stock Tax liability -$16.9K -33 -31.43% $513.03 72 Dec 6, 2024 Direct F4
transaction LMT Common Stock Tax liability -$20K -39 -100% $513.03 0 Dec 6, 2024 Direct F4
holding LMT Common Stock 74.4 Dec 6, 2024 Lockheed Martin Salaried Savings Plan F5

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 -33 -1.27% 2.57K Dec 6, 2024 Common Stock 33 Direct F3, F6
transaction LMT Restricted Stock Units Options Exercise -33 -1.1% 2.97K Dec 6, 2024 Common Stock 33 Direct F2, F6
transaction LMT Restricted Stock Units Options Exercise -39 -1.29% 2.97K Dec 6, 2024 Common Stock 39 Direct F1, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 23, 2022, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
F2 Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2024, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
F3 Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2023, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
F4 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.
F5 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
F6 Restricted stock units convert to common stock on a one-for-one basis.