Lavan Maryanne 4
4 · LOCKHEED MARTIN CORP · Filed Dec 10, 2024
Insider Transaction Report
Form 4
Lavan Maryanne
SVP & General Counsel
Transactions
- Tax Payment
Common Stock
2024-12-06$513.03/sh−37$18,982→ 41 total - Exercise/Conversion
Common Stock
2024-12-06+36→ 114 total - Tax Payment
Common Stock
2024-12-06$513.03/sh−41$21,034→ 0 total - Exercise/Conversion
Common Stock
2024-12-06+37→ 78 total - Exercise/Conversion
Restricted Stock Units
2024-12-06−36→ 2,831 totalExp: 2027-02-22→ Common Stock (36 underlying) - Exercise/Conversion
Restricted Stock Units
2024-12-06−41→ 2,661 totalExp: 2025-02-23→ Common Stock (41 underlying) - Exercise/Conversion
Common Stock
2024-12-06+41→ 41 total - Tax Payment
Common Stock
2024-12-06$513.03/sh−36$18,469→ 78 total - Exercise/Conversion
Restricted Stock Units
2024-12-06−37→ 2,434 totalExp: 2026-02-22→ Common Stock (37 underlying)
Holdings
- 60.663(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
Footnotes (6)
- [F1]Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 23, 2022, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
- [F2]Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2023, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
- [F3]Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2024, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
- [F4]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.
- [F5]Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.
- [F6]Restricted stock units convert to common stock on a one-for-one basis.