X0206 3 2013-04-01 0 0000936468 LOCKHEED MARTIN CORP LMT 0001573608 Ambrose Richard F 6801 ROCKLEDGE DRIVE BETHESDA MD 20817 1 Executive Vice President Common Stock 3443.2435 D Common Stock 70.1601 I Lockheed Martin Salaried Savings Plan Employee Stock Option (Right-to-buy) 79.6000 2012-01-31 2021-01-29 Common Stock 3359.0000 D Employee Stock Option (Right-to-buy) 82.0100 2013-01-30 2022-01-28 Common Stock 9572.0000 D Employee Stock Option (Right-to-buy) 96.0600 2008-01-29 2017-01-29 Common Stock 5467.0000 D Employee Stock Option (Right-to-buy) 106.8700 2009-01-28 2018-01-26 Common Stock 10300.0000 D Restricted Stock Units 2016-01-28 Common Stock 8404.0000 D Restricted Stock Units 2015-01-30 Common Stock 1852.0000 D Restricted Stock Units 2014-01-31 Common Stock 1655.0000 D Phantom Stock Units Common Stock 1196.1379 I LM Supplemental SSP Phantom Stock Units Common Stock 5571.5994 I Lockheed Martin DMICP Phantom Stock Units Common Stock 2570.6237 I Lockheed Martin LTIP The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on the date exercisable. The RSUs vest on the third anniversary of the date of the grant. The RSUs 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 the third anniversary of the date of the grant. 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. Phantom stock units acquired under the Lockheed Martin Deferred Management Incentive 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. Phantom stock units acquired under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) which will be settled in cash after two years subject to continued employment, unless voluntarily deferred (in which case, the units will be settled in stock upon the reporting person's retirement or termination of service). The phantom stock units convert on a one-for-one basis. Richard F. Ambrose, by Matthew C. Dow, Attorney-in-fact 2013-04-11