4//SEC Filing
LOCKHEED MARTIN CORP 4
Accession 0001225208-14-002745
$LMTCIK 0000936468operating
Filed
Jan 28, 7:00 PM ET
Accepted
Jan 29, 7:54 PM ET
Size
5.8 KB
Accession
0001225208-14-002745
Insider Transaction Report
Form 4
Loy James M
Director
Transactions
- Award
Phantom Stock Units
2014-01-27+884.233→ 13,855.302 total(indirect: Lockheed Martin Directors Equity Plan)→ Common Stock (884.233 underlying)
Footnotes (3)
- [F1]The phantom stock units convert on a 1-for-1 basis.
- [F2]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 $147.02 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.
- [F3]End of period holdings include phantom stock units acquired through dividend reinvestment.
Documents
Issuer
LOCKHEED MARTIN CORP
CIK 0000936468
Entity typeoperating
IncorporatedMD
Related Parties
1- filerCIK 0000936468
Filing Metadata
- Form type
- 4
- Filed
- Jan 28, 7:00 PM ET
- Accepted
- Jan 29, 7:54 PM ET
- Size
- 5.8 KB