Home > Insider Trading > Filing (0001225208-15-003015)

Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
936468	Lockheed Martin Corp	LMT	Guided Missiles & Space Vehicles & Parts (3760)	521893632

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1204586	B David Burritt	6801 Rockledge Drive Bethesda MD 20817		Yes	No	No	No

Reported Non-Derivative Transactions

Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Common Stock	Acquisiton	2015-02-04	6,329	$89.32	12,102	No	4	M	Direct
Common Stock	Disposition	2015-02-04	1,000	$192.43	11,102	No	4	S	Direct
Common Stock	Disposition	2015-02-04	2,940	$192.50	8,162	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	S	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock	Non-Qualified Stock Option (right to buy)	Disposition	2015-02-04	6,329	$0.00	6,329	$89.32
Common Stock	Phantom Stock Units	Acquisiton	2015-02-02	687	$0.00	687	$0.00

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0		2023-01-27	No	4	M	Direct
6,103			No	4	A	Indirect

Reported Derivative Holdings

Sec. Name	Sec. Type	Price	Date	Expiration Date	Amount	Remaning Holdings	Nature of Ownership
Common Stock	Phantom Stock Units	$0.00			5,080	5,080	Indirect

Expiration Date	Amount	Remaning Holdings	Nature of Ownership
	5,080	5,080	Indirect

Footnotes

The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $192.42 to $192.51. 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.
Under the Lockheed Martin Corporation 2009 Directors Equity Plan, the stock options vest 50% on June 30 following the award date (January 28, 2013) and 50% on December 31 following the award date or, if earlier, upon retirement, death, disability or change in control.
The phantom stock units convert on a 1-for-1 basis.
Under the Lockheed Martin Corporation 2009 Directors' Equity Plan, each non-employee director elects to receive an award of phantom stock units in accordance with the plan, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $189.33 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 in control. Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's retirement or termination of service.
End of period holdings include phantom stock units acquired through dividend reinvestment.
Phantom stock units previously acquired under the Plan exempt under Section 16(b). Units are settled upon the Reporting Person's retirement or termination of service.