Key facts
- This page summarizes Jeh C. Johnson's Form 4 filing for LOCKHEED MARTIN CORP (LMT).
- 1 reported transaction and 1 derivative row are listed below.
- Accepted by SEC: 20 Feb 2024, 19:04.
Jeh C. Johnson - 15 Feb 2024 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)
- Reporting relationship
- Director
- Issuer ticker
- LMT
- Reported as of
- 15 Feb 2024
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 20 Feb 2024, 19:04:12 UTC
- Prior SEC filing
- 04 Jan 2024
- Next SEC filing
- 18 Mar 2024
- Source filing
- View source filing
- Reporting owner signature
- Jeh C. Johnson, by John E. Stevens, Attorney-in-fact
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Jeh C. Johnson filed Form 4 for LOCKHEED MARTIN CORP (LMT) on 20 Feb 2024.
Change
- Previous filing in this sequence was filed on 04 Jan 2024.
- Current net transaction value: $0.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
LMT
transaction
Derivative
Phantom Stock Units
Award
- Transaction value
- Shares
- +402
- Change %
- +14%
- Price
- Shares after
- 3,290
- Date
- 15 Feb 2024
- Ownership
- Lockheed Martin Directors Equity Plan
- Underlying class
- Common Stock
- Underlying amount
- 402
- Exercise price
- Footnotes
- F1, F2, F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 3 footnotes
Footnote F1
Phantom stock units convert to common stock on a one-for-one basis.
Footnote F2
In accordance with the Lockheed Martin Corporation Amended and Restated Directors Equity Plan, each non-employee director received an award of phantom stock units, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $423.12 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date. All unvested awards will vest in full upon retirement due to the age limitation in the bylaws, death, disability or change in control, or one-third upon failure to stand for reelection. Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have the payment of awards (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.
Footnote F3
Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
SEC remarks
Exhibit 24, Substitute Power of Attorney