SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person* Bostic Mark R (Last) (First) (Middle) 6801 ROCKLEDGE DRIVE (Street) BETHESDA MD 20817 (City) (State) (Zip)	2. Date of Event Requiring Statement (Month/Day/Year) 08/03/2009	3. Issuer Name and Ticker or Trading Symbol LOCKHEED MARTIN CORP [ LMT ]
		4. Relationship of Reporting Person(s) to Issuer (Check all applicable) Director 10% Owner X Officer (give title below) Other (specify below) VP and Acting Controller & CAO	5. If Amendment, Date of Original Filed (Month/Day/Year)
			6. Individual or Joint/Group Filing (Check Applicable Line) X Form filed by One Reporting Person Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	2,263.6737	D
Common Stock	907.7389	I	Lockheed Martin Salaried Savings Plan

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Employee Stock Option (Right to Buy)	01/29/2003(1)	01/28/2012	Common Stock	3,000	$50.4	D
Employee Stock Option (Right to Buy)	01/28/2004(2)	01/27/2013	Common Stock	4,000	$51.1	D
Employee Stock Option (Right to Buy)	01/29/2005(3)	01/28/2014	Common Stock	4,500	$49.27	D
Employee Stock Option (Right to Buy)	01/31/2006(4)	01/30/2015	Common Stock	3,200	$57.81	D
Employee Stock Option (Right to Buy)	02/01/2007(5)	01/31/2016	Common Stock	4,750	$67.97	D
Employee Stock Option (Right to Buy)	01/29/2008(6)	01/29/2017	Common Stock	4,100	$96.06	D
Employee Stock Option (Right to Buy)	01/28/2009(7)	01/26/2018	Common Stock	4,150	$106.87	D
Employee Stock Option (Right to Buy)	01/26/2010(8)	01/25/2019	Common Stock	5,500	$82.52	D
Restricted Stock Units	(9)	(9)	Common Stock	1,100	$0	D
Restricted Stock Units	(10)	(10)	Common Stock	800	$0	D
Restricted Stock Units	(11)	(11)	Common Stock	950	$0	D
Phantom Stock Units	(12)	(12)	Common Stock	500.9631	$0	I	Lockheed Martin DMICP
Phantom Stock Units	(13)	(13)	Common Stock	149.581	$0	I	Lockheed Martin Supplemental SSP

Explanation of Responses:

1. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 29, 2003.

2. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 28, 2004.

3. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 29, 2005.

4. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 31,2006.

5. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2007.

6. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 29, 2008.

7. The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 28, 2009.

8. 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.

9. Each RSU represents a contingent right to receive one share of LMT common stock. The RSUs vest on January 29, 2010, the third anniversary of the date of the grant.

10. Each RSU represents a contingent right to receive one share of LMT common stock. The RSUs vest on January 28, 2011, the third anniversary of the date of the grant.

11. Each RSU represents a contingent right to receive one share of LMT common stock. The RSUs vest on January 26, 2012, the third anniversary of the date of the grant.

12. Phantom stock units acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) and will be settled in stock upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-basis.

13. Phantom stock units acquired under the Lockheed Martin Supplemental Salaried Savings Plan exempt under Section 16(b) which will be settled upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.

Remarks:

	Mark R. Bostic, by David A. Dedman, Attorney-in-fact	08/13/2009
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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