Filing Details

Accession Number:
0001225208-12-011326
Form Type:
4
Zero Holdings:
No
Publication Time:
2012-05-04 17:35:10
Reporting Period:
2012-05-02
Filing Date:
2012-05-04
Accepted Time:
2012-05-04 17:35:10
SEC Url:
Form 4 Filing
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
1368472 M Joanne Maguire 6801 Rockledge Drive
Bethesda MD 20817
Executive Vice President No Yes No No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Common Stock Acquisiton 2012-05-02 25,000 $57.81 56,434 No 4 M Direct
Common Stock Acquisiton 2012-05-02 20,000 $49.27 76,434 No 4 M Direct
Common Stock Acquisiton 2012-05-02 18,000 $67.97 94,434 No 4 M Direct
Common Stock Acquisiton 2012-05-02 9,000 $45.36 103,434 No 4 M Direct
Common Stock Disposition 2012-05-02 72,000 $89.88 31,434 No 4 S Direct
Common Stock Disposition 2012-05-03 1,277 $89.47 0 No 4 I Indirect Lockheed Martin Salaried Savings Plan
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 M Direct
No 4 S Direct
No 4 I Indirect Lockheed Martin Salaried Savings Plan
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Common Stock Employee Stock Option (Right-to-buy) Disposition 2012-05-02 20,000 $0.00 20,000 $49.27
Common Stock Employee Stock Option (Right-to-buy) Disposition 2012-05-02 25,000 $0.00 25,000 $57.81
Common Stock Employee Stock Option (Right-to-buy) Disposition 2012-05-02 18,000 $0.00 18,000 $67.97
Common Stock Employee Stock Option (Right-to-buy) Disposition 2012-05-02 9,000 $0.00 9,000 $45.36
Common Stock Phantom Stock Units Disposition 2012-05-03 1,609 $0.00 1,609 $0.00
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
0 2014-01-29 No 4 M Direct
0 2015-01-31 No 4 M Direct
0 2016-02-01 No 4 M Direct
0 2013-04-17 No 4 M Direct
0 No 4 I 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 8,543 8,543 Indirect
Common Stock Phantom Stock Units $0.00 14,848 14,848 Indirect
Expiration Date Amount Remaning Holdings Nature of Ownership
8,543 8,543 Indirect
14,848 14,848 Indirect
Footnotes
  1. The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $89.74 to $89.98. 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.
  2. The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the Lockheed Martin Salaried Savings Plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The transfer resulted in the Reporting Person's disposition of 1,277.4437 shares of phantom stock at $89.47 per share.
  3. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date.
  4. The phantom stock units convert on a 1-for-1 basis.
  5. The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the Lockheed Martin Supplemental Salaried Savings Plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The transfer resulted in the Reporting Person's disposition of 1,609.2879 phantom stock units at $89.47 per share.
  6. Phantom stock units previously acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock upon the reporting person's retirement or termination of service.
  7. Phantom stock units previously acquired under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) which will be settled in stock upon the reporting person's retirement or termination of service.