0001225208-21-001599.txt : 20210203
0001225208-21-001599.hdr.sgml : 20210203
20210203172411
ACCESSION NUMBER: 0001225208-21-001599
CONFORMED SUBMISSION TYPE: 4
PUBLIC DOCUMENT COUNT: 1
CONFORMED PERIOD OF REPORT: 20210201
FILED AS OF DATE: 20210203
DATE AS OF CHANGE: 20210203
REPORTING-OWNER:
OWNER DATA:
COMPANY CONFORMED NAME: Hollub Vicki A.
CENTRAL INDEX KEY: 0001588752
FILING VALUES:
FORM TYPE: 4
SEC ACT: 1934 Act
SEC FILE NUMBER: 001-11437
FILM NUMBER: 21587399
MAIL ADDRESS:
STREET 1: 5 GREENWAY PLAZA
CITY: HOUSTON
STATE: TX
ZIP: 77046
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
4
1
doc4.xml
X0306
4
2021-02-01
0000936468
LOCKHEED MARTIN CORP
LMT
0001588752
Hollub Vicki A.
6801 ROCKLEDGE DRIVE
BETHESDA
MD
20817
1
Phantom Stock Units
2021-02-01
4
A
0
501.4968
A
Common Stock
501.4968
1703.1279
I
Lockheed Martin Directors Equity Plan
Phantom Stock Units
Common Stock
725.6750
725.6750
I
Lockheed Martin Directors Deferred Comp Plan
Each share of phantom stock is the economic equivalent of one share of Lockheed Martin Corporation common stock.
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 $324.03 per share and vest 50% on June 30 following the award date and 50% on December 31 following the award date or, if earlier, upon retirement, death, disability or change in control. Settlement in cash or stock (as elected by the director) will occur upon the Reporting Person's retirement or 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 phantom stock units previously acquired under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled in cash upon the reporting person's retirement or termination of service.
Vicki Hollub, by Kerri R. Morey, Attorney -in-fact
2021-02-03