0001225208-17-002061.txt : 20170130 0001225208-17-002061.hdr.sgml : 20170130 20170130184746 ACCESSION NUMBER: 0001225208-17-002061 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20170126 FILED AS OF DATE: 20170130 DATE AS OF CHANGE: 20170130 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: Colan Brian P CENTRAL INDEX KEY: 0001617526 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-11437 FILM NUMBER: 17558866 MAIL ADDRESS: STREET 1: 6801 ROCKLEDGE DR CITY: BETHESDA STATE: MD ZIP: 20817 4 1 doc4.xml X0306 4 2017-01-26 0000936468 LOCKHEED MARTIN CORP LMT 0001617526 Colan Brian P 6801 ROCKLEDGE DRIVE BETHESDA MD 20817 1 VP & Controller Common Stock 2017-01-27 4 M 0 938.0000 0 A 2176.4900 D Common Stock 2017-01-27 4 A 0 275.0000 253.5000 A 2451.4900 D Common Stock 2017-01-27 4 F 0 419.0000 253.5000 D 2032.4900 D Common Stock 363.0558 I Lockheed Martin Salaried Savings Plan Restricted Stock Units 2017-01-26 4 A 0 1473.0000 0.0000 A 2020-01-26 Common Stock 1473.0000 1473.0000 D Restricted Stock Units 2017-01-27 4 M 0 938.0000 D 2017-01-27 Common Stock 938.0000 0.0000 D Each restricted stock unit granted on January 27, 2014 was the economic equivalent of one share of LMT common stock. Shares acquired upon settlement of performance stock units granted on January 27, 2014, following the end of a three-year performance period 2014-2016 (Performance Cycle). The amount earned during the Performance Cycle is based on the satisfaction of performance against three separate financial metrics. The shares were acquired at $253.50 per share, the closing price of LMT on January 27, 2017. Disposition to the Issuer of shares to satisfy the Reporting Person's tax withholding obligation upon vesting of restricted stock units which is exempt under Rule 16b-3. End of period holdings include additional acquisitions through dividend reinvestment. Each restricted stock unit represents a contingent right to receive one share of LMT common stock. Award of restricted stock units (RSUs) which vests on the third anniversary of the grant date. Per the award agreement, vesting may 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. Brian P. Colan, by Marian S. Block, Attorney-in-fact 2017-01-30