Comey James B 4
4 · LOCKHEED MARTIN CORP · Filed Feb 3, 2010
Insider Transaction Report
Form 4
Comey James B
Senior VP & General Counsel
Transactions
- Award
Restricted Stock Units
2010-02-01+5,650→ 5,650 totalExercise: $0.00Exp: 2013-02-01→ Common Stock (5,650 underlying) - Award
Employee Stock Option (Right-to-buy)
2010-02-01+40,400→ 40,400 totalExercise: $74.89From: 2011-02-01Exp: 2020-01-31→ Common Stock (40,400 underlying)
Footnotes (3)
- [F1]The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.
- [F3]The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on February 1, 2013, the third anniversary of the date of the grant.