Lightfoot Robert M JR 4
4 · LOCKHEED MARTIN CORP · Filed Feb 25, 2025
Insider Transaction Report
Form 4
Lightfoot Robert M JR
President Space
Transactions
- Award
Common Stock
2025-02-23+6,184→ 6,184 total - Tax Payment
Common Stock
2025-02-23$440.72/sh−4,056$1,787,560→ 5,213 total - Exercise/Conversion
Restricted Stock Units
2025-02-23−3,085→ 0 totalExp: 2025-02-23→ Common Stock (3,085 underlying) - Exercise/Conversion
Common Stock
2025-02-23+3,085→ 9,269 total
Holdings
- 197.054(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
Footnotes (5)
- [F1]Shares acquired upon settlement of performance stock units granted on February 23, 2022, following the end of a three-year performance period 2022-2024 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.
- [F2]Restricted stock units convert to common stock on a one-for-one basis.
- [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 23, 2022, the reporting person was granted 3,085 restricted stock units that vested on the third anniversary of the grant date.