Jesus Malave Jr - Feb 23, 2023 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Chief Financial Officer
Signature
Jesus Malave, Jr., by Kerri R. Morey, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Feb 23, 2023
Transactions value $
-$2,367,613
Form type
4
Date filed
2/27/2023, 06:32 PM
Previous filing
Feb 24, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +10.3K $0.00 10.3K Feb 23, 2023 Direct F1
transaction LMT Common Stock Tax liability -$2.37M -4.94K -48.05% $479.08 5.34K Feb 23, 2023 Direct F2
holding LMT Common Stock 35.9 Feb 23, 2023 Lockheed Martin Salaried Savings Plan F3

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 $0 -10.3K -100% $0.00* 0 Feb 23, 2023 Common Stock 10.3K Direct F1, F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Restricted stock units convert into common stock on a one-for-one basis.
F2 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.
F3 End of period holdings include acquisitions under the company's 401(k) plan.
F4 On February 23, 2022, the reporting person was granted 10,286 restricted stock units that vest on the first anniversary of the grant date.