UKROPINA JAMES R 4
4 · LOCKHEED MARTIN CORP · Filed Jan 19, 2006
Insider Transaction Report
Form 4
UKROPINA JAMES R
Director
Transactions
- Award
Phantom Stock Units
2006-01-17$65.72/sh+1,369.446$90,000→ 12,768.242 total(indirect: Lockheed Martin Directors Equity Plan)→ Common Stock (1,369.446 underlying)
Holdings
- 3,116.47(indirect: Lockheed Martin Directors Deferred Comp Plan)
Phantom Stock Units
→ Common Stock (3,116.47 underlying) - 1,129.679(indirect: Lockheed Martin Directors Deferred Stock Plan)
Phantom Stock Units
→ Common Stock (1,129.679 underlying) - 494(indirect: Lockheed Deferred Comp Plan)
Phantom Stock Units
→ Common Stock (494 underlying)
Footnotes (5)
- [F1]The phantom stock units convert on a 1 for 1 basis.
- [F2]Under the Lockheed Martin Corporation Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. Settlement in cash or stock (as elected by the holder) will occur upon the reporting person's retirement or termination of service.
- [F3]The information pertains to phantom stock units acquired under the Lockheed Martin Directors Deferred Stock Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.
- [F4]Settlement occurs on the reporting person's retirement or termination of service.
- [F5]The information pertains to phantom stock units acquired under the Lockheed Martin Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.