Frank A. St John - 06 Dec 2024 Form 4 Insider Report for LOCKHEED MARTIN CORP (LMT)

Role
Chief Operating Officer
Signature
Frank. A. St. John, by John E. Stevens, Attorney-in-fact
Issuer symbol
LMT
Transactions as of
06 Dec 2024
Transactions value $
-$88,241
Form type
4
Filing time
10 Dec 2024, 18:59:49 UTC
Previous filing
29 Apr 2024
Next filing
25 Feb 2025
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 +64 $0 64 06 Dec 2024 Direct F1
transaction LMT Common Stock Options Exercise $0 +54 +84% $0 118 06 Dec 2024 Direct F2
transaction LMT Common Stock Options Exercise $0 +54 +46% $0 172 06 Dec 2024 Direct F3
transaction LMT Common Stock Tax liability -$27,703 -54 -31% $513.03 118 06 Dec 2024 Direct F4
transaction LMT Common Stock Tax liability -$27,703 -54 -46% $513.03 64 06 Dec 2024 Direct F4
transaction LMT Common Stock Tax liability -$32,833 -64 -100% $513.03 0 06 Dec 2024 Direct F4

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 -54 -1.4% 3,810 06 Dec 2024 Common Stock 54 Direct F2, F5
transaction LMT Restricted Stock Units Options Exercise -54 -1.2% 4,492 06 Dec 2024 Common Stock 54 Direct F3, F5
transaction LMT Restricted Stock Units Options Exercise -64 -1.4% 4,445 06 Dec 2024 Common Stock 64 Direct F1, F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 23, 2022, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
F2 Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2023, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
F3 Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units (RSUs) granted on February 22, 2024, with a value equal to the tax withholding obligation of the retirement-eligible reporting person and disposition to the Issuer of such shares to satisfy the tax withholding obligation of the reporting person, which transactions are exempt under Rule 16b-3. The balance of the RSUs remains subject to continued vesting in the event the reporting person retires before the third anniversary of the grant date.
F4 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.
F5 Restricted stock units convert to common stock on a one-for-one basis.