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4//SEC Filing

LOCKHEED MARTIN CORP 4

Accession 0001225208-13-002518

$LMTCIK 0000936468operating
View on SEC.govCompany Profile

Filed

Jan 29, 7:00 PM ET

Accepted

Jan 30, 6:50 PM ET

Size

10.0 KB

Accession

0001225208-13-002518

Insider Transaction Report

Form 4
Period: 2013-01-28
LOCKHEED MARTIN CORPLMT
MCCORKINDALE DOUGLAS H
Director
Transactions
  • Award

    Non-Qualified Stock Option (right to buy)

    2013-01-28+76,329→ 76,329 total
    Exercise: $89.32Exp: 2023-01-27→ Common Stock (76,329 underlying)
  • Award

    Phantom Stock Units

    2013-01-28+727.721→ 10,615.491 total(indirect: Lockheed Martin Directors Equity Plan)
    → Common Stock (727.721 underlying)
Holdings

  • Phantom Stock Units

    (indirect: Lockheed Martin Directors Deferred Comp Plan)
    → Common Stock (13,333.231 underlying)
    13,333.231
Footnotes (4)
  • [F1]Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The stock options vest 50% on June 30 following the award date and 50% on December 31 following the award date or, if earlier, upon retirement, death, disability or change in control.
  • [F2]The phantom stock units convert on a 1-for-1 basis.
  • [F3]Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date or, if earlier, upon retirement, death, disability or change in control. Settlement in cash or stock (as elected by the director) will occur upon the reporting person's retirement or termination of service.
  • [F4]End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

Documents

1 file

Issuer

LOCKHEED MARTIN CORP

CIK 0000936468

→
Entity typeoperating
IncorporatedMD

Related Parties

1
  • filerCIK 0000936468

Filing Metadata

Form type
4
Filed
Jan 29, 7:00 PM ET
Accepted
Jan 30, 6:50 PM ET
Size
10.0 KB
View on SEC.gov