Form 4 for LMT Lockheed Martin
Accepted 2023-03-01 00:00:00 ET · period of report 2023-02-27 · accession 0001225208-23-003069 · 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 | 2023-03-01 | 2023-02-27 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | $0.00 | +2,425 | 8,659 | +39% | $0 |
| D | 2023-03-01 | 2023-02-27 | LMT | Lavan Maryanne | SVP, GC | A - Grant | $0.00 | +6,234 | 6,234 | New | $0 |
| D | 2023-03-01 | 2023-02-27 | LMT | Lavan Maryanne | SVP, GC | F - Tax | $479.49 | -4,105 | 4,554 | -47% | -$1.97M |
| D | 2023-03-01 | 2023-02-27 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | $0.00 | -2,425 | 0 | -100% | $0 |
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 | 2023-02-27 | M | A | 2,425 | $0.00 | 8,659 | D | — | — | (F2) Restricted stock units convert to common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2023-02-27 | A | A | 6,234 | $0.00 | 6,234 | D | — | — | (F1) Shares acquired upon settlement of performance stock units granted on February 27, 2020, following the end of a three-year performance period 2020-2022 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics. |
| 3 | Common | Common Stock | 2023-02-27 | F | D | 4,105 | $479.49 | 4,554 | D | — | — | (F3) 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. |
| 4 | Derivative | Restricted Stock Units | 2023-02-27 | M | D | 2,425 | $0.00 | 0 | D | — · — to 2023-02-27 | 2,425 Common Stock | (F2) Restricted stock units convert to common stock on a one-for-one basis. (F5) On February 27, 2020, the reporting person was granted 2,535 restricted stock units that vested on the third anniversary of the grant date. |