Form 4 for LMT Lockheed Martin
Accepted 2024-02-27 00:00:00 ET · period of report 2024-02-25 · accession 0001225208-24-003162 · 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 | 2024-02-27 | 2024-02-25 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | $0.00 | +2,981 | 7,583 | +65% | $0 |
| D | 2024-02-27 | 2024-02-25 | LMT | Lavan Maryanne | SVP, GC | A - Grant | $0.00 | +4,573 | 4,602 | +15,523% | $0 |
| D | 2024-02-27 | 2024-02-25 | LMT | Lavan Maryanne | SVP, GC | F - Tax | $431.12 | -3,561 | 4,022 | -47% | -$1.54M |
| D | 2024-02-27 | 2024-02-25 | LMT | Lavan Maryanne | SVP, GC | M - OptEx | $0.00 | -2,981 | 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 | 2024-02-25 | M | A | 2,981 | $0.00 | 7,583.46 | D | — | — | (F2) Restricted stock units convert to common stock on a one-for-one basis. |
| 2 | Common | Common Stock | 2024-02-25 | A | A | 4,573 | $0.00 | 4,602.46 | D | — | — | (F1) Shares acquired upon settlement of performance stock units granted on February 25, 2021, following the end of a three-year performance period 2021-2023 (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 | 2024-02-25 | F | D | 3,561 | $431.12 | 4,022.46 | 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. (F4) Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment. |
| 4 | Derivative | Restricted Stock Units | 2024-02-25 | M | D | 2,981 | $0.00 | 0 | D | — · — to 2024-02-25 | 2,981 Common Stock | (F2) Restricted stock units convert to common stock on a one-for-one basis. (F6) On February 25, 2021, the reporting person was granted 3,116 restricted stock units that vested on the third anniversary of the grant date. |