Possenriede Kenneth R 4
4 · LOCKHEED MARTIN CORP · Filed Feb 24, 2021
Insider Transaction Report
Form 4
Possenriede Kenneth R
Vice President & Treasurer
Transactions
- Exercise/Conversion
Restricted Stock Units
2021-02-22−1,017→ 0 totalExp: 2021-02-22→ Common Stock (1,017 underlying) - Award
Common Stock
2021-02-22+392→ 3,441.535 total - Exercise/Conversion
Common Stock
2021-02-22+1,017→ 3,049.535 total - Tax Payment
Common Stock
2021-02-22$340.47/sh−654$222,667→ 2,787.535 total
Holdings
- 803.697(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
Footnotes (6)
- [F1]Each restricted stock unit granted on February 22, 2018, was the economic equivalent of one share of LMT common stock.
- [F2]Shares acquired upon settlement of performance stock units granted on February 22, 2018, following the end of a three-year performance period 2018-2020 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.
- [F3]Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting and settlement of stock units which is exempt under Rule 16b-3.
- [F4]End of period holdings include additional acquisitions through dividend reinvestment.
- [F5]End of period holdings include additional acquisitions under the Plan.
- [F6]Each restricted stock unit represents a contingent right to receive one share of LMT common stock.