Cahill Timothy S 4
4 · LOCKHEED MARTIN CORP · Filed Dec 10, 2024
Insider Transaction Report
Form 4
Cahill Timothy S
Pres. Missiles & Fire Control
Transactions
- Exercise/Conversion
Common Stock
2024-12-06+33→ 8,943.46 total - Tax Payment
Common Stock
2024-12-06$513.03/sh−33$16,930→ 8,910.46 total - Exercise/Conversion
Common Stock
2024-12-06+33→ 8,910.46 total - Tax Payment
Common Stock
2024-12-06$513.03/sh−20$10,261→ 8,943.46 total - Tax Payment
Common Stock
2024-12-06$513.03/sh−33$16,930→ 8,877.46 total - Exercise/Conversion
Restricted Stock Units
2024-12-06−33→ 2,974 totalExp: 2027-02-22→ Common Stock (33 underlying) - Exercise/Conversion
Restricted Stock Units
2024-12-06−33→ 2,566 totalExp: 2026-02-22→ Common Stock (33 underlying) - Exercise/Conversion
Common Stock
2024-12-06+20→ 8,963.46 total - Exercise/Conversion
Restricted Stock Units
2024-12-06−20→ 1,487 totalExp: 2025-02-23→ Common Stock (20 underlying)
Holdings
- 38.985(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 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.
- [F2]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.
- [F3]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.
- [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.