Stephanie C. Hill - 29 Jul 2022 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role: Executive Vice President
Signature: Stephanie C. Hill, by Kerri R. Morey, Attorney-in-fact
Issuer symbol: LMT
Transactions as of: 29 Jul 2022
Net transactions value: -$1,075,906
Form type: 4
Filing time: 02 Aug 2022, 16:59:15 UTC
Previous filing: 04 Mar 2022
Next filing: 13 Dec 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	Options Exercise	$0	+5,411	+44%	$0.000000	17,585	29 Jul 2022	Direct	F1
transaction	LMT	Common Stock	Tax liability	$1,075,906	-2,600	-15%	$413.81	14,985	29 Jul 2022	Direct	F2
holding	LMT	Common Stock						3,747	29 Jul 2022	Lockheed Martin Salaried Savings Plan	F3

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	Options Exercise		-5,411	-100%		0	29 Jul 2022	Common Stock	5,411		Direct	F4

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

Explanation of Responses:

Id	Content
F1	Each restricted stock unit granted on July 29, 2019, was the economic equivalent of one share of LMT common stock.
F2	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.
F3	End of period holdings include additional acquisitions under the Plan.
F4	Each restricted stock unit represents a contingent right to receive one share of LMT common stock.