Lightfoot Robert M JR 4
4 · LOCKHEED MARTIN CORP · Filed Feb 27, 2024
Insider Transaction Report
Form 4
Lightfoot Robert M JR
President Space
Transactions
- Exercise/Conversion
Common Stock
2024-02-25+768→ 771.15 total - Award
Common Stock
2024-02-25+136→ 907.15 total - Tax Payment
Common Stock
2024-02-25$431.12/sh−396$170,724→ 511.15 total - Exercise/Conversion
Restricted Stock Units
2024-02-25−768→ 0 totalExp: 2024-02-25→ Common Stock (768 underlying)
Holdings
- 162.197(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 25, 2021, following the end of a three-year performance period 2021-2023 (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 additional acquisitions and dividend reinvestment under the company's 401(k) plan.
- [F5]On February 25, 2021, the reporting person was granted 768 restricted stock units that vested on the third anniversary of the grant date.