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