X0306 4 2014-01-31 0000936468 LOCKHEED MARTIN CORP LMT 0001573608 Ambrose Richard F 6801 ROCKLEDGE DRIVE BETHESDA MD 20817 1 Executive Vice President Common Stock 2014-01-31 4 M 0 1655.0000 0 A 2611.9820 D Common Stock 2014-01-31 4 F 0 516.0000 150.9100 D 2095.9820 D Common Stock 2014-02-03 4 M 0 4785.0000 82.0100 A 6880.9820 D Common Stock 2014-02-03 4 M 0 3359.0000 79.6000 A 10239.9820 D Common Stock 2014-02-03 4 S 0 10239.0000 147.7629 D 0.9820 D Common Stock 107.6749 I Lockheed Martin Salaried Savings Plan Restricted Stock Units 2014-01-31 4 M 0 1655.0000 D 2014-01-31 Common Stock 1655.0000 0.0000 D Employee Stock Option (Right-to-buy) 82.0100 2014-02-03 4 M 0 4785.0000 0.0000 D 2013-01-30 2022-01-28 Common Stock 4785.0000 4787.0000 D Employee Stock Option (Right-to-buy) 79.6000 2014-02-03 4 M 0 3359.0000 0.0000 D 2012-01-31 2021-01-29 Common Stock 3359.0000 0.0000 D Each restricted stock unit granted on January 31, 2011 was the economic equivalent of one share of LMT common stock. Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3. End of period holdings include additional shares acquired through dividend reinvestment. The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $147.67 to $148.185. 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. Shares previously acquired under the Lockheed Martin Salaried Savings Plan exempt under Section 16(b) which will be settled upon the reporting person's retirement or termination of service, and additional shares acquired through dividend reinvestment. 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. Richard F. Ambrose, by Marian S. Block, Attorney-in-fact 2014-02-04