Gregory M. Ulmer - 23 Feb 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role: Executive Vice President
Signature: Gregory M. Ulmer, by Kerri R. Morey, Attorney-in-fact
Issuer symbol: LMT
Transactions as of: 23 Feb 2022
Transactions value $: -$495,831
Form type: 4
Filing time: 25 Feb 2022, 16:05:01 UTC
Previous filing: 23 Feb 2022
Next filing: 04 Aug 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	LMT	Common Stock	Sale	-$495,831	-1,204	-15%	$411.82	6,929	25 Feb 2022	Direct	F1
holding	LMT	Common Stock						33	23 Feb 2022	Lockheed Martin Salaried Savings Plan

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	LMT	Restricted Stock Units	Award	$0	+3,085		$0	3,085	23 Feb 2022	Common Stock	3,085		Direct	F2, F3

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $411.60 to $411.94. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sales price.
F2	Each restricted stock unit represents a contingent right to receive one share of LMT common stock.
F3	Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible reporting persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the reporting person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.