McCarthy John C 4
4 · LOCKHEED MARTIN CORP · Filed Jan 28, 2009
Insider Transaction Report
Form 4
McCarthy John C
Vice President & Treasurer
Transactions
- Award
Employee Stock Option (Right-to-buy)
2009-01-26+19,100→ 19,100 totalExercise: $82.52From: 2010-01-26Exp: 2019-01-25→ Common Stock (19,100 underlying) - Award
Restricted Stock Units
2009-01-26+1,350→ 1,350 total→ Common Stock (1,350 underlying)
Footnotes (3)
- [F1]The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 26, 2010.
- [F2]Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.
- [F3]Represents an annual incentive performance grant of RSUs which are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 26, 2012, the third anniversary of the date of the grant.