LMT

SEC source: 0001225208-18-002060 · doc4.xml · nonDerivative · entry 1

Ambrose Richard F · CIK 0001573608 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

F1 · price: The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $357.75 to $358.13. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sales price.

SEC source: 0001225208-18-002061 · doc4.xml · derivative · entry 1

AKERSON DANIEL F · CIK 0001209431 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 3,238.0662

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002062 · doc4.xml · derivative · entry 1

ARCHIBALD NOLAN D · CIK 0001022723 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 24,705.4042

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002063 · doc4.xml · derivative · entry 1

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 8,390.7429

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002064 · doc4.xml · derivative · entry 1

Carlson Bruce A · CIK 0001647496 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 2,089.2867

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002065 · doc4.xml · derivative · entry 1

Ellis James O Jr · CIK 0001309357 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 19,406.3854

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002066 · doc4.xml · derivative · entry 1

FALK THOMAS J · CIK 0001222890 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 9,555.4144

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002067 · doc4.xml · derivative · entry 1

GORDON ILENE S · CIK 0001049959 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 1,327.4349

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002068 · doc4.xml · derivative · entry 1

Johnson Jeh C. · CIK 0001707516 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 436.8043

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002069 · doc4.xml · derivative · entry 1

Loy James M · CIK 0001335013 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 17,755.6149

Underlying: Common Stock · 145.6014 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002070 · doc4.xml · derivative · entry 1

RALSTON JOSEPH W · CIK 0001225963 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 22,950.5808

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-002071 · doc4.xml · derivative · entry 1

TAICLET JAMES D JR · CIK 0001218672 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 436.8043

Underlying: Common Stock · 436.8043 shares

Expires not disclosed

F1 · derivative.exercise_price: The stock units convert on a 1-for-1 basis.

F2 · price: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.exercise_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F2 · derivative.expiration_date: In accordance with the Lockheed Martin Corporation 2009 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 $354.85 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 made after January 1, 2018 begin on March 30 following vesting of the award.

F3 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001948 · doc4.xml · nonDerivative · entry 6

HEWSON MARILLYN A · CIK 0001217496 · Director · Chairman, Pres. & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 93,747.974

F5 · price: The price represents the weighted average sale price of $346.611. Sale prices ranged from $346.10 to $346.97. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sales price.

F6 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001948 · doc4.xml · nonDerivative · entry 5

HEWSON MARILLYN A · CIK 0001217496 · Director · Chairman, Pres. & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 108,711.974

F4 · price: The price represents the weighted average sale price of $347.2099. Sale prices ranged from $347.01 to $347.50. Reporting Person will provide, upon request by the Commission staff, the Issuer, or a security holder of the Issuer, full information regarding the number of shares sold at each separate sales price.

SEC source: 0001225208-18-001940 · doc4.xml · derivative · entry 5

Ambrose Richard F · CIK 0001573608 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,735 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001940 · doc4.xml · nonDerivative · entry 3

Ambrose Richard F · CIK 0001573608 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,517

F3 · shares: 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.

SEC source: 0001225208-18-001940 · doc4.xml · nonDerivative · entry 2

Ambrose Richard F · CIK 0001573608 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,276

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001940 · doc4.xml · nonDerivative · entry 1

Ambrose Richard F · CIK 0001573608 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,541

F1 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001941 · doc4.xml · derivative · entry 5

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,748 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001941 · doc4.xml · nonDerivative · entry 3

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,651.148

F3 · shares: 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.

F4 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001941 · doc4.xml · nonDerivative · entry 2

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,797.148

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001941 · doc4.xml · nonDerivative · entry 1

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,049.148

F1 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001942 · doc4.xml · derivative · entry 5

Carvalho Orlando D · CIK 0001573157 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 4,497 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001942 · doc4.xml · nonDerivative · entry 3

Carvalho Orlando D · CIK 0001573157 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 29,237.339

F3 · shares: 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.

F4 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001942 · doc4.xml · nonDerivative · entry 2

Carvalho Orlando D · CIK 0001573157 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 35,413.339

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001942 · doc4.xml · nonDerivative · entry 1

Carvalho Orlando D · CIK 0001573157 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,916.339

F1 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001943 · doc4.xml · derivative · entry 5

Colan Brian P · CIK 0001617526 · VP & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,503 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001943 · doc4.xml · nonDerivative · entry 3

Colan Brian P · CIK 0001617526 · VP & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,020.606

F3 · shares: 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.

F4 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001943 · doc4.xml · nonDerivative · entry 2

Colan Brian P · CIK 0001617526 · VP & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,676.606

F2 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001943 · doc4.xml · nonDerivative · entry 1

Colan Brian P · CIK 0001617526 · VP & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,233.606

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001944 · doc4.xml · derivative · entry 6

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,871 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001944 · doc4.xml · nonDerivative · entry 4

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 9,802.206

F3 · shares: 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.

F4 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001944 · doc4.xml · nonDerivative · entry 3

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,347.206

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001944 · doc4.xml · nonDerivative · entry 2

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,476.206

F1 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001945 · doc4.xml · derivative · entry 5

Mollard John W · CIK 0001671564 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 929 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001945 · doc4.xml · nonDerivative · entry 3

Mollard John W · CIK 0001671564 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,649.669

F3 · shares: 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.

F4 · balance_after: End of period holdings include additional acquisitions through dividend reinvestment.

SEC source: 0001225208-18-001945 · doc4.xml · nonDerivative · entry 2

Mollard John W · CIK 0001671564 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 4,189.669

F2 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001945 · doc4.xml · nonDerivative · entry 1

Mollard John W · CIK 0001671564 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,904.669

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001946 · doc4.xml · derivative · entry 5

St John Frank A · CIK 0001728300 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,145 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001946 · doc4.xml · nonDerivative · entry 3

St John Frank A · CIK 0001728300 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,009

F3 · shares: 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.

SEC source: 0001225208-18-001946 · doc4.xml · nonDerivative · entry 2

St John Frank A · CIK 0001728300 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,778

F2 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001946 · doc4.xml · nonDerivative · entry 1

St John Frank A · CIK 0001728300 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,145

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001948 · doc4.xml · derivative · entry 8

HEWSON MARILLYN A · CIK 0001217496 · Director · Chairman, Pres. & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 16,679 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F7 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F7 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F7 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001948 · doc4.xml · nonDerivative · entry 4

HEWSON MARILLYN A · CIK 0001217496 · Director · Chairman, Pres. & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 111,739.668

F3 · shares: 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.

SEC source: 0001225208-18-001948 · doc4.xml · nonDerivative · entry 3

HEWSON MARILLYN A · CIK 0001217496 · Director · Chairman, Pres. & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 139,901.668

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001948 · doc4.xml · nonDerivative · entry 2

HEWSON MARILLYN A · CIK 0001217496 · Director · Chairman, Pres. & CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 123,222.668

F1 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.

SEC source: 0001225208-18-001947 · doc4.xml · derivative · entry 6

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,979 shares

Expires 2018-01-29

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F5 · derivative.exercise_price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · price: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

F5 · derivative.exercise_date: Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

SEC source: 0001225208-18-001947 · doc4.xml · nonDerivative · entry 4

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 79,774.709

F3 · shares: 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.

SEC source: 0001225208-18-001947 · doc4.xml · nonDerivative · entry 3

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 89,874.709

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · price: Each restricted stock unit granted on January 29, 2015 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-18-001947 · doc4.xml · nonDerivative · entry 2

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 83,895.709

F1 · shares: Shares acquired upon settlement of performance stock units granted on January 29, 2015, following the end of a three-year performance period 2015-2017 (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 $351.42 per share, the closing price of LMT on January 29, 2018.