4//SEC Filing
SAVAGE FRANK 4
Accession 0001351594-09-000037
CIK 0000936468other
Filed
Jan 27, 7:00 PM ET
Accepted
Jan 28, 7:14 PM ET
Size
11.2 KB
Accession
0001351594-09-000037
Insider Transaction Report
Form 4
SAVAGE FRANK
Director
Transactions
- Award
Phantom Stock Units
2009-01-26+1,333.01→ 9,535.83 total(indirect: Lockheed Martin Directors Equity Plan)→ Common Stock (1,333.01 underlying)
Holdings
- 1,186.458(indirect: Lockheed Martin Directors Deferred Stock Plan)
Phantom Stock Units
→ Common Stock (1,186.458 underlying) - 16,589.657(indirect: Lockheed Martin Directors Deferred Comp Plan)
Phantom Stock Units
→ Common Stock (16,589.657 underlying) - 2,502(indirect: Lockheed Deferred Comp Plan)
Phantom Stock Units
→ Common Stock (2,502 underlying)
Footnotes (5)
- [F1]The phantom stock units convert on a 1 for 1 basis.
- [F2]Under the Lockheed Martin Corporation Directors 2009 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. End of period holding includes phantom stock units acquired through dividend reinvestment.
- [F3]End of period holding includes phantom stock units acquired through dividend reinvestment 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.
- [F4]End of period holding includes phantom stock units acquired through dividend reinvestment 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.
- [F5]End of period holding under the Lockheed Deferred Compensation Plan. Settlement occurs on the reporting person's retirement or termination of service.
Documents
Issuer
LOCKHEED MARTIN CORP
CIK 0000936468
Entity typeother
Related Parties
1- filerCIK 0001191326
Filing Metadata
- Form type
- 4
- Filed
- Jan 27, 7:00 PM ET
- Accepted
- Jan 28, 7:14 PM ET
- Size
- 11.2 KB