0001225208-15-002585.txt : 20150202 0001225208-15-002585.hdr.sgml : 20150202 20150202161353 ACCESSION NUMBER: 0001225208-15-002585 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20150129 FILED AS OF DATE: 20150202 DATE AS OF CHANGE: 20150202 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: LOCKHEED MARTIN CORP CENTRAL INDEX KEY: 0000936468 STANDARD INDUSTRIAL CLASSIFICATION: GUIDED MISSILES & SPACE VEHICLES & PARTS [3760] 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 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Bennett Dale P CENTRAL INDEX KEY: 0001565856 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11437 FILM NUMBER: 15567105 MAIL ADDRESS: STREET 1: 6801 ROCKLEDGE DRIVE CITY: BETHESDA STATE: MD ZIP: 20817 4 1 doc4.xml X0306 4 2015-01-29 0000936468 LOCKHEED MARTIN CORP LMT 0001565856 Bennett Dale P 6801 ROCKLEDGE DRIVE BETHESDA MD 20817 1 Executive Vice President Common Stock 2015-01-29 4 M 0 190.0000 0 A 279.2300 D Common Stock 2015-01-29 4 F 0 190.0000 192.5000 D 89.2300 D Common Stock 8024.5477 I Lockheed Martin Salaried Savings Plan Restricted Stock Units 2015-01-29 4 M 0 190.0000 D 2017-01-27 Common Stock 190.0000 4817.0000 D Restricted Stock Units 2015-01-29 4 A 0 3900.0000 0.0000 A 2018-01-29 Common Stock 3900.0000 3900.0000 D Phantom Stock Units 2015-01-29 4 A 0 366.4337 A Common Stock 366.4337 2677.2560 I Lockheed Martin LTIP Phantom Stock Units Common Stock 2785.5819 2785.5819 I LM Supplemental SSP Phantom Stock Units Common Stock 8038.8136 8038.8136 I Lockheed Martin DMICP Represents the accelerated vesting of shares received upon the conversion of a portion of restricted stock units granted on January 27, 2014 with a value equal to the tax withholding obligations for the retirement-eligible Reporting Person and disposition to the Issuer of such shares to satisfy the Reporting Person's tax withholding obligations, which transaction is exempt under Rule 16b-3. Tax withholding is required following certification of a one-year performance goal for a retirement-eligible Reporting Person or when the Reporting Person becomes retirement-eligible, if later. End of period holdings include additional shares acquired through dividend reinvestment. Each restricted stock unit represents a contingent right to receive one share of LMT common stock. The balance of the restricted stock units remains subject to continued vesting until the third anniversary of the grant date. Award of restricted stock units which vests on the third anniversary of the grant date. In accordance with the award agreement, vesting will be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible Reporting Persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the Reporting Person's tax withholding obligations, which is an exempt transaction under Rule 16b-3. Tax withholding is required following certification of a one-year performance goal for a retirement-eligible Reporting Person or when the Reporting Person becomes retirement-eligible, if later. The phantom stock units convert on a 1-for-1 basis. Phantom stock units acquired at $192.50 through voluntary deferral under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) which will be settled in settled in stock upon the Reporting Person's retirement or termination of service. Phantom stock units previously acquired under the Lockheed Martin Supplemental Salaried Savings Plan exempt under Section 16(b) and will be settled upon the Reporting Person's retirement or termination of service. Phantom stock units previously acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock upon the Reporting Person's retirement or termination of service. benfinal.txt Dale P. Bennett, by Marian S. Block, Attorney-in-fact 2015-02-02 EX-24 2 benfinal.txt POWER OF ATTORNEY LOCKHEED MARTIN CORPORATION The undersigned hereby constitutes and appoints Maryanne R. Lavan, Marian S. Block, Stephen M. Piper, and Kerri R. Morey, and each of them, jointly and severally, his lawful attorney-in-fact and agent, with full power of substitution and re-substitution, for him and in his name, place and stead, in any and all capacities to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission any and all reports or forms (including but not limited to Forms 3, 4 or 5, or Form 144 or Form ID) and any supplements or amendments thereto as are required to be filed by the undersigned pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, and Rule 144 of the Securities Act of 1933, with respect to the equity securities of Lockheed Martin Corporation, granting unto said attorneys-in-fact and agents, and each of them, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, and each of them, or any substitute or substitutes, may lawfully do or cause to be done by virtue hereof. January 28, 2015 /s/ Dale P. Bennett Dale P. Bennett