LMT

SEC source: 0001225208-13-009173 · doc4.xml · derivative · entry 1

BREWER ROSALIND G · CIK 0001357855 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Deferred Comp Plan

Disclosed balance after: 1,399.3566

Underlying: Common Stock · 168.3589 shares

Expires not disclosed

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

F2 · price: The information pertains to phantom stock units acquired at $96.52 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.

F2 · derivative.exercise_date: The information pertains to phantom stock units acquired at $96.52 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.

F2 · derivative.expiration_date: The information pertains to phantom stock units acquired at $96.52 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.

SEC source: 0001225208-13-003006 · doc4.xml · derivative · entry 4

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,700 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003006 · doc4.xml · nonDerivative · entry 2

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,129.547

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

SEC source: 0001225208-13-003006 · doc4.xml · nonDerivative · entry 1

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,742.547

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003007 · doc4.xml · derivative · entry 4

Edwards Richard H · CIK 0001565789 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,000 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003007 · doc4.xml · nonDerivative · entry 2

Edwards Richard H · CIK 0001565789 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 724

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

SEC source: 0001225208-13-003007 · doc4.xml · nonDerivative · entry 1

Edwards Richard H · CIK 0001565789 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,000

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003008 · doc4.xml · derivative · entry 4

Gooden Linda R · CIK 0001382867 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 6,250 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003008 · doc4.xml · nonDerivative · entry 2

Gooden Linda R · CIK 0001382867 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,783.468

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003008 · doc4.xml · nonDerivative · entry 1

Gooden Linda R · CIK 0001382867 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 18,033.468

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003009 · doc4.xml · derivative · entry 4

Lawson Larry A · CIK 0001546348 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 2,550 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003009 · doc4.xml · nonDerivative · entry 2

Lawson Larry A · CIK 0001546348 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,852

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003009 · doc4.xml · nonDerivative · entry 1

Lawson Larry A · CIK 0001546348 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,550

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003010 · doc4.xml · derivative · entry 4

HEWSON MARILLYN A · CIK 0001217496 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,850 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003010 · doc4.xml · nonDerivative · entry 2

HEWSON MARILLYN A · CIK 0001217496 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,903.725

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003010 · doc4.xml · nonDerivative · entry 1

HEWSON MARILLYN A · CIK 0001217496 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 15,916.725

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003011 · doc4.xml · derivative · entry 4

Maguire Joanne M · CIK 0001368472 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 5,500 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003011 · doc4.xml · nonDerivative · entry 2

Maguire Joanne M · CIK 0001368472 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,937.904

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003011 · doc4.xml · nonDerivative · entry 1

Maguire Joanne M · CIK 0001368472 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 36,933.904

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003012 · doc4.xml · derivative · entry 4

Possenriede Kenneth R · CIK 0001524478 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,650 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003012 · doc4.xml · nonDerivative · entry 2

Possenriede Kenneth R · CIK 0001524478 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,145.407

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003012 · doc4.xml · nonDerivative · entry 1

Possenriede Kenneth R · CIK 0001524478 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 2,734.407

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003013 · doc4.xml · derivative · entry 4

STEVENS ROBERT J · CIK 0001184258 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 40,000 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003013 · doc4.xml · nonDerivative · entry 2

STEVENS ROBERT J · CIK 0001184258 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 201,607

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003013 · doc4.xml · nonDerivative · entry 1

STEVENS ROBERT J · CIK 0001184258 · Director · Executive Chairman

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 221,241

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003014 · doc4.xml · derivative · entry 4

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 7,200 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003014 · doc4.xml · nonDerivative · entry 2

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 27,796.709

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

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

SEC source: 0001225208-13-003014 · doc4.xml · nonDerivative · entry 1

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 30,541.709

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.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003015 · doc4.xml · derivative · entry 4

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 1,450 shares

Expires 2013-02-01

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 · derivative.exercise_price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-003015 · doc4.xml · nonDerivative · entry 2

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 927.45

F2 · shares: Disposition to the Issuer of shares to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock units exempt under Rule 16(b)-3.

SEC source: 0001225208-13-003015 · doc4.xml · nonDerivative · entry 1

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,450.45

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 February 1, 2010 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-13-002501 · doc4.xml · derivative · entry 1

Bennett Dale P · CIK 0001565856 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,562

Underlying: Common Stock · 7,562 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002502 · doc4.xml · derivative · entry 1

Edwards Richard H · CIK 0001565789 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,565

Underlying: Common Stock · 7,565 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002503 · doc4.xml · derivative · entry 1

HEWSON MARILLYN A · CIK 0001217496 · Director · CEO and President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 34,289

Underlying: Common Stock · 34,289 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002504 · doc4.xml · derivative · entry 1

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,399

Underlying: Common Stock · 12,399 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002505 · doc4.xml · derivative · entry 1

Lawson Larry A · CIK 0001546348 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 10,077

Underlying: Common Stock · 10,077 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002506 · doc4.xml · derivative · entry 1

Lavan Maryanne · CIK 0001495449 · SVP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 13,512

Underlying: Common Stock · 13,512 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002507 · doc4.xml · derivative · entry 1

Possenriede Kenneth R · CIK 0001524478 · Vice President & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,846

Underlying: Common Stock · 3,846 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002508 · doc4.xml · derivative · entry 1

Gregoire Christopher J · CIK 0001447778 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 11,112

Underlying: Common Stock · 11,112 shares

Expires 2016-01-28

F1 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F2 · derivative.exercise_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

F2 · derivative.expiration_date: The RSUs are subject to a one-year performance period. If the value of the RSUs on the date of grant exceeds the performance goal specified in the award agreement, a number of RSUs equal in value to the performance shortfall is forfeited. Subject to the performance goal, the RSUs vest on January 28, 2016, the third anniversary of the date of the grant.

SEC source: 0001225208-13-002509 · 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: 18,157.4139

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002510 · doc4.xml · derivative · entry 1

BREWER ROSALIND G · CIK 0001357855 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 3,866.565

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

SEC source: 0001225208-13-002511 · 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: 13,621.5359

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002512 · 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: 5,189.2574

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002513 · 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: 12,457.767

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002514 · 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: 16,655.3125

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002515 · doc4.xml · derivative · entry 1

STEVENS ANNE · CIK 0001191101 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 15,348.727

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002517 · doc4.xml · derivative · entry 1

KING GWENDOLYN S · CIK 0001083217 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 25,788.9315

Underlying: Common Stock · 1,455.4411 shares

Expires not disclosed

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

F2 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F2 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002518 · doc4.xml · derivative · entry 2

MCCORKINDALE DOUGLAS H · CIK 0001027152 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 10,615.4913

Underlying: Common Stock · 727.7206 shares

Expires not disclosed

F2 · derivative.exercise_price: The phantom stock units convert on a 1-for-1 basis.

F3 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F4 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.

SEC source: 0001225208-13-002518 · doc4.xml · derivative · entry 1

MCCORKINDALE DOUGLAS H · CIK 0001027152 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 76,329

Underlying: Common Stock · 76,329 shares

Expires 2023-01-27

F1 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The stock options 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.

SEC source: 0001225208-13-002519 · doc4.xml · derivative · entry 2

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 4,192.3158

Underlying: Common Stock · 727.7206 shares

Expires not disclosed

F2 · derivative.exercise_price: The phantom stock units convert on a 1-for-1 basis.

F3 · price: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · derivative.exercise_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F3 · derivative.expiration_date: Under the Lockheed Martin Corporation 2009 Directors Equity Plan, each non-employee director elects to receive an award of stock options or phantom stock units or a combination of stock options and phantom stock units in accordance with the plan, which awards are exempt transactions under Rule 16b-3. The phantom stock units were acquired at $89.32 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.

F4 · balance_after: End of period holdings include additonal phantom stock units acquired through dividend reinvestment under the Plan.