Ilene S. Gordon - Apr 1, 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
Ilene S. Gordon, by Kerri R. Morey, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Apr 1, 2022
Transactions value $
-$93,020
Form type
4
Date filed
4/5/2022, 04:33 PM
Previous filing
Feb 2, 2022
Next filing
May 6, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +520 +52.96% $0.00 1.5K Apr 1, 2022 Direct F1
transaction LMT Common Stock Disposed to Issuer -$93K -209 -13.9% $445.98 1.29K Apr 1, 2022 Direct

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 Options Exercise -520 -17.25% 2.49K Apr 1, 2022 Common Stock 520 Lockheed Martin Directors Equity Plan F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each share of phantom stock is the economic equivalent of one share of Lockheed Martin Corporation common stock.
F2 The reporting person previously elected payment of her 2021 equity award and accrued dividend equivalents thereon 60 percent in common stock and 40 percent in cash in accordance with the terms of the Lockheed Martin Corporation Amended and Restated Directors Equity Plan.
F3 End of period holdings include additional acquisitions through dividend reinvestment.