Colan Brian P 4
4 · LOCKHEED MARTIN CORP · Filed Feb 24, 2021
Insider Transaction Report
Form 4
Colan Brian P
VP & Controller
Transactions
- Award
Common Stock
2021-02-22+448→ 1,175.331 total - Exercise/Conversion
Common Stock
2021-02-22+727→ 727.331 total - Tax Payment
Common Stock
2021-02-22$340.47/sh−531$180,790→ 644.331 total - Exercise/Conversion
Restricted Stock Units
2021-02-22−727→ 0 totalExp: 2021-02-22→ Common Stock (727 underlying)
Holdings
- 531.158(indirect: Lockheed Martin Salaried Savings Plan)
Common Stock
Footnotes (5)
- [F1]Each restricted stock unit granted on February 22, 2018, was the economic equivalent of one share of LMT common stock.
- [F2]Shares acquired upon settlement of performance stock units granted on February 22, 2018, following the end of a three-year performance period 2018-2020 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics.
- [F3]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.
- [F4]End of period holdings include additional acquisitions under the Plan.
- [F5]Each restricted stock unit represents a contingent right to receive one share of LMT common stock.