Paul Harry Edward III 4
4 · LOCKHEED MARTIN CORP · Filed Mar 1, 2023
Insider Transaction Report
Form 4
Paul Harry Edward III
Vice President & Controller
Transactions
- Exercise/Conversion
Common Stock
2023-02-27+507→ 2,426.276 total - Tax Payment
Common Stock
2023-02-27$479.49/sh−298$142,888→ 2,279.276 total - Award
Common Stock
2023-02-27+151→ 2,577.276 total - Exercise/Conversion
Restricted Stock Units
2023-02-27−507→ 0 totalExp: 2023-02-27→ Common Stock (507 underlying)
Holdings
- 59.018(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
Footnotes (5)
- [F1]Restricted stock units convert to common stock on a one-for-one basis.
- [F2]Shares acquired upon settlement of performance stock units granted on February 27, 2020, following the end of a three-year performance period 2020-2022 (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]Holdings as of reportable transaction date include acquisitions under the company's 401(k) plan.
- [F5]On February 27, 2020, the reporting person was granted 507 restricted stock units that vested on the third anniversary of the grant date.