Form 4 for LMT Lockheed Martin
Accepted 2022-12-13 00:00:00 ET · period of report 2022-12-09 · accession 0001225208-22-012655 · 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 | 2022-12-13 | 2022-12-09 | LMT | Lavan Maryanne | SVP, GC | F - Tax | $483.58 | -35 | 0 | -100% | -$16.9K |
| D | 2022-12-13 | 2022-12-09 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | $0.00 | +35 | 35 | New | $0 |
| D | 2022-12-13 | 2022-12-09 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | — | -35 | 2,742 | -1% | — |
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 | 2022-12-09 | F | D | 35 | $483.58 | 0 | 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. |
| 2 | Common | Common Stock | 2022-12-09 | M | A | 35 | $0.00 | 35 | D | — | — | (F1) Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 23, 2022, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remain subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date. |
| 3 | Derivative | Restricted Stock Units | 2022-12-09 | M | D | 35 | — | 2,742 | D | — · — to 2025-02-23 | 35 Common Stock | (F1) Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 23, 2022, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remain subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date. (F4) Each restricted stock unit represents a contingent right to receive one share of LMT common stock. |