James O. Ellis Jr - Apr 1, 2024 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Director
Signature
James O. Ellis, Jr., by John E. Stevens, Attorney-in-fact
Stock symbol
LMT
Transactions as of
Apr 1, 2024
Transactions value $
-$165,716
Form type
4
Date filed
4/3/2024, 06:31 PM
Previous filing
Feb 20, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction LMT Common Stock Options Exercise $0 +366 +182.99% $0.00 566 Apr 1, 2024 Direct F1
transaction LMT Common Stock Disposed to Issuer -$166K -366 -64.66% $452.79 200 Apr 1, 2024 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 -366 -1.6% 22.6K Apr 1, 2024 Common Stock 366 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 Phantom stock units convert to common stock on a one-for-one basis.
F2 The reporting person elected payment of his 2023 equity award and accrued dividend equivalents thereon in cash in accordance with the terms of the Lockheed Martin Corporation Amended and Restated Directors Equity Plan.
F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.