4//SEC Filing
Carvalho Orlando D 4
Accession 0001225208-18-004294
CIK 0000936468other
Filed
Feb 25, 7:00 PM ET
Accepted
Feb 26, 9:07 PM ET
Size
12.0 KB
Accession
0001225208-18-004294
Insider Transaction Report
Form 4
Carvalho Orlando D
Executive Vice President
Transactions
- Award
Restricted Stock Units
2018-02-22+3,045→ 3,045 totalExp: 2021-02-22→ Common Stock (3,045 underlying) - Tax Payment
Common Stock
2018-02-22$358.69/sh−148$53,086→ 29,237.339 total - Exercise/Conversion
Common Stock
2018-02-22+148→ 29,385.339 total - Exercise/Conversion
Restricted Stock Units
2018-02-22−148→ 3,800 totalExp: 2020-01-26→ Common Stock (148 underlying)
Holdings
- 11,027.192(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
Footnotes (5)
- [F1]Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on January 26, 2017 with a value equal to the tax withholding obligations for the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the reporting person's tax withholding obligations, which transaction is exempt under Rule 16b-3. The balance of the RSUs remain subject to continued vesting.
- [F2]Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units which is exempt under Rule 16b-3.
- [F3]End of period holdings include additional acquisitions through dividend reinvestment.
- [F4]Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
- [F5]Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible reporting persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the reporting person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.
Documents
Issuer
LOCKHEED MARTIN CORP
CIK 0000936468
Entity typeother
Related Parties
1- filerCIK 0001573157
Filing Metadata
- Form type
- 4
- Filed
- Feb 25, 7:00 PM ET
- Accepted
- Feb 26, 9:07 PM ET
- Size
- 12.0 KB