McCarthy John C 4
4 · LOCKHEED MARTIN CORP · Filed Jan 31, 2011
Insider Transaction Report
Form 4
McCarthy John C
Vice President & Treasurer
Transactions
- Award
Phantom Stock Units
2011-01-27+1,550.637→ 3,409.18 total(indirect: Lockheed Martin LTIP)→ Common Stock (1,550.637 underlying)
Holdings
- 1,115.449(indirect: Lockheed Martin DMICP)
Phantom Stock Units
→ Common Stock (1,115.449 underlying) - 4,022.542(indirect: LM Supplemental SSP)
Phantom Stock Units
→ Common Stock (4,022.542 underlying)
Footnotes (4)
- [F1]The phantom stock units convert on a 1-for-1 basis.
- [F2]Phantom stock units acquired and subject to mandatory deferral under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) at $69.91 which will be settled in cash after two years subject to continued employment, unless voluntarily deferred (in which case, the units will be settled in stock upon the reporting person's retirement or termination of service).
- [F3]Phantom stock units previously acquired under the Lockheed Martin Supplemental Salaried Savings Plan exempt under Section 16(b) and will be settled upon the reporting person's retirement or termination of service.
- [F4]Phantom stock units previously acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock upon the reporting person's retirement or termination of service.