4//SEC Filing
AKERSON DANIEL F 4
Accession 0001225208-19-001734
CIK 0000936468other
Filed
Feb 3, 7:00 PM ET
Accepted
Feb 4, 4:15 PM ET
Size
9.5 KB
Accession
0001225208-19-001734
Insider Transaction Report
Form 4
AKERSON DANIEL F
Director
Transactions
- Award
Phantom Stock Units
2019-01-31+535.055→ 3,860.866 total(indirect: Lockheed Martin Directors Equity Plan)→ Common Stock (535.055 underlying) - Will/Inheritance
Common Stock
2018-03-27−22→ 0 total(indirect: By Trust)
Holdings
- 7,500
Common Stock
Footnotes (3)
- [F1]The stock units convert on a 1-for-1 basis.
- [F2]In accordance with the Lockheed Martin Corporation Directors' Equity Plan, each non-employee director received an award of phantom stock units, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $289.69 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, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have payment begin on March 30 following vesting of the award.
- [F3]End of period holdings include additional acquisitions through dividend reinvestment.
Documents
Issuer
LOCKHEED MARTIN CORP
CIK 0000936468
Entity typeother
Related Parties
1- filerCIK 0001209431
Filing Metadata
- Form type
- 4
- Filed
- Feb 3, 7:00 PM ET
- Accepted
- Feb 4, 4:15 PM ET
- Size
- 9.5 KB