Scott Evan T 4
4 · LOCKHEED MARTIN CORP · Filed Mar 1, 2023
Insider Transaction Report
Form 4
Scott Evan T
Chief Financial Officer
Transactions
- Award
Common Stock
2023-02-27+194→ 844 total - Tax Payment
Common Stock
2023-02-27$479.49/sh−407$195,152→ 437 total - Exercise/Conversion
Common Stock
2023-02-27+650→ 650 total - Exercise/Conversion
Restricted Stock Units
2023-02-27−650→ 0 totalExp: 2023-02-27→ Common Stock (650 underlying)
Holdings
- 427.413(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 650 restricted stock units that vested on the third anniversary of the grant date.