4//SEC Filing
Loy James M 4
Accession 0001351594-09-000034
CIK 0000936468other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 7:07 PM ET
Size
6.4 KB
Accession
0001351594-09-000034
Insider Transaction Report
Form 4
Loy James M
Director
Transactions
- Award
Phantom Stock Units
2009-01-26+1,333.01→ 5,520.796 total(indirect: Lockheed Martin Directors Equity Plan)→ Common Stock (1,333.01 underlying)
Footnotes (3)
- [F1]The phantom stock units convert on a 1 for 1 basis.
- [F2]Under the Lockheed Martin Corporation 2009 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. The phantom stock units were acquired at $82.52 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date or, if earlier, upon retirement, death, disability or change of control. Settlement in cash or stock (as elected by the director) occurs upon the reporting person's retirement or termination of service.
- [F3]End of period holding include phantom stock units acquired through dividend reinvestment.
Documents
Issuer
LOCKHEED MARTIN CORP
CIK 0000936468
Entity typeother
Related Parties
1- filerCIK 0001335013
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 7:07 PM ET
- Size
- 6.4 KB