Form 4 for LMT Lockheed Martin
Accepted 2023-03-03 00:00:00 ET · period of report 2023-03-01 · accession 0001225208-23-003434 · 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| DM | 2023-03-03 | 2023-03-01 | LMT | St John Frank A | COO | S - Sale | $472.90 | -6,824 | 0 | -100% | -$3.23M |
| DI | 2023-03-03 | 2023-03-02 | LMT | St John Frank A | COO | I - Discretionary | $0.00 | -7.94 | 0 | -100% | $0 |
| DI | 2023-03-03 | 2023-03-02 | LMT | St John Frank A | COO | I - Discretionary | — | -83.94 | 0 | -100% | — |
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 | 2023-03-01 | S | D | 700 | $474.10 | 6,124 | D Lockheed Martin Salaried Savings Plan | — | — | (F1) The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $ 473.7800 to $474.2200, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 2 | Common | Common Stock | 2023-03-01 | S | D | 2,821 | $472.16 | 3,303 | D | — | — | (F2) The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $471.7000 to $472.6850, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 3 | Common | Common Stock | 2023-03-01 | S | D | 3,303 | $473.28 | 0 | D | — | — | (F3) The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $472.7600 to $473.7500, inclusive. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate price. |
| 4 | Common | Common Stock | 2023-03-02 | I | D | 7.94 | $0.00 | 0 | I | — | — | (F4) The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($478.31). |
| 5 | Derivative | Phantom Stock Units | 2023-03-02 | I | D | 83.94 | — | 0 | I LM Supplemental Savings Plan | — · — to — | 83.94 Common Stock | (F4) The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($478.31). (F5) Each share of phantom stock is the economic equivalent of one share of Lockheed Martin Corporation common stock. Shares of phantom stock acquired under the Lockheed Martin Supplemental Savings Plan will be settled in cash upon the retirement or termination of service of the Reporting Person. |