0001225208-24-002546.txt : 20240220 0001225208-24-002546.hdr.sgml : 20240220 20240220190252 ACCESSION NUMBER: 0001225208-24-002546 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20240215 FILED AS OF DATE: 20240220 DATE AS OF CHANGE: 20240220 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: BURRITT DAVID B CENTRAL INDEX KEY: 0001204586 ORGANIZATION NAME: FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11437 FILM NUMBER: 24655728 MAIL ADDRESS: STREET 1: 600 GRANT STREET STREET 2: SUITE 1500 CITY: PITTSBURGH STATE: PA ZIP: 15219 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LOCKHEED MARTIN CORP CENTRAL INDEX KEY: 0000936468 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] ORGANIZATION NAME: 04 Manufacturing IRS NUMBER: 521893632 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 6801 ROCKLEDGE DR CITY: BETHESDA STATE: MD ZIP: 20817 BUSINESS PHONE: 3018976000 MAIL ADDRESS: STREET 1: 6801 ROCKLEDGE DRIVE CITY: BETHESDA STATE: MD ZIP: 20817 4 1 doc4.xml X0508 4 2024-02-15 0000936468 LOCKHEED MARTIN CORP LMT 0001204586 BURRITT DAVID B 6801 ROCKLEDGE DRIVE BETHESDA MD 20817 1 0 Phantom Stock Units 2024-02-15 4 A 0 401.7773 A Common Stock 401.7773 12632.4992 I Lockheed Martin Directors Equity Plan Phantom Stock Units Common Stock 9906.6081 9906.6081 I Lockheed Martin Directors Deferred Comp Plan Phantom stock units convert to common stock on a one-for-one basis. In accordance with the Lockheed Martin Corporation Amended and Restated Directors Equity Plan, each non-employee director received an award of phantom stock units, which award is exempt under Rule 16b-3. The phantom stock units were acquired at $423.12 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date. All unvested awards will vest in full upon retirement due to the age limitation in the bylaws, death, disability or change in control, or one-third upon failure to stand for reelection. Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have the payment of awards (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award. The information pertains to previously acquired phantom stock units under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b) which will be settled upon the Reporting Person's retirement or termination of service. David B. Burritt, by John E. Stevens, Attorney-in-fact 2024-02-20