Form 4 for LMT Lockheed Martin
Accepted 2021-12-07 00:00:00 ET · period of report 2021-12-03 · accession 0001225208-21-014586 · SEC index · Original document
Summary rows
Aggregated the way they appear in lists: one row per insider, transaction code and security table.
| X | Filed | Traded | Ticker | Insider | Title | Type | Price | Qty | Owned | ΔOwn | Value |
|---|---|---|---|---|---|---|---|---|---|---|---|
| D | 2021-12-07 | 2021-12-03 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | $0.00 | +135 | 135.18 | +75,000% | $0 |
| D | 2021-12-07 | 2021-12-03 | LMT | Lavan Maryanne | SVP, GC | F - Tax | $333.81 | -135 | 0.18 | -100% | -$45.1K |
| D | 2021-12-07 | 2021-12-03 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | — | -135 | 2,981 | -4% | — |
Purchase Sale Sale after option exercise All abbreviations
Every reported transaction
| # | Table | Security | Date | Code | A/D | Shares | Price | Owned after | Own | Exercise / expiry | Underlying | Footnotes |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Common | Common Stock | 2021-12-03 | M | A | 135 | $0.00 | 135.18 | D | — | — | (F1) Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 25, 2021, with a value equal to the tax withholding obligation for the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the reporting person's tax withholding obligation, which transactions are exempt under Rule 16b-3. The balance of the RSUs remain subject to continued vesting. |
| 2 | Common | Common Stock | 2021-12-03 | F | D | 135 | $333.81 | 0.18 | D | — | — | (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. |
| 3 | Derivative | Restricted Stock Units | 2021-12-03 | M | D | 135 | — | 2,981 | D | — · — to 2024-02-25 | 135 Common Stock | (F1) Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 25, 2021, with a value equal to the tax withholding obligation for the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the reporting person's tax withholding obligation, which transactions are exempt under Rule 16b-3. The balance of the RSUs remain subject to continued vesting. (F4) Each restricted stock unit represents a contingent right to receive one share of LMT common stock. |