LOCKHEED MARTIN CORP 4
4 · LOCKHEED MARTIN CORP · Filed Feb 1, 2017
Insider Transaction Report
Form 4
RALSTON JOSEPH W
Director
Transactions
- Award
Phantom Stock Units
2017-01-30+573.508→ 21,950.476 total(indirect: Lockheed Martin Directors Equity Plan)→ Common Stock (573.508 underlying)
Footnotes (3)
- [F1]The stock units convert on a 1-for-1 basis.
- [F2]Annual award of stock units under the Lockheed Martin Corporation 2009 Directors' Equity Plan, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $252.83 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 additional acquisitions through dividend reinvestment.