LMT

SEC source: 0001225208-11-003319 · doc4.xml · derivative · entry 1

STEVENS ROBERT J · CIK 0001184258 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin LTIP

Disclosed balance after: 35,518.8271

Underlying: Common Stock · 53,601.3773 shares

Expires not disclosed

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

F2 · kind: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

F2 · price: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

F2 · derivative.exercise_date: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

F2 · derivative.expiration_date: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

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

SEC source: 0001225208-11-003320 · doc4.xml · derivative · entry 1

KUBASIK CHRISTOPHER E · CIK 0001194001 · President & COO

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin LTIP

Disclosed balance after: 24,999.4379

Underlying: Common Stock · 7,526.0627 shares

Expires not disclosed

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

F2 · kind: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

F2 · price: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

F2 · derivative.exercise_date: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

F2 · derivative.expiration_date: Settlement in cash of phantom stock units at $69.91 per share, following a two-year mandatory deferral period, pursuant to the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b).

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

SEC source: 0001225208-11-000619 · doc4.xml · derivative · entry 1

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Deferred Comp Plan

Disclosed balance after: 4,333.6193

Underlying: Common Stock · 464.8834 shares

Expires not disclosed

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

F2 · derivative.exercise_date: The information pertains to phantom stock units acquired at $69.91 per share through director retainer fee deferral under the Lockheed Martin 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 $69.91 per share through director retainer fee deferral under the Lockheed Martin Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.

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

SEC source: 0001225208-10-022098 · doc4.xml · derivative · entry 1

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Deferred Comp Plan

Disclosed balance after: 3,827.6722

Underlying: Common Stock · 455.9484 shares

Expires not disclosed

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

F2 · derivative.exercise_date: The information pertains to phantom stock units acquired at $71.28 per share through director retainer fee deferral under the Lockheed Martin 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 $71.28 per share through director retainer fee deferral under the Lockheed Martin Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person?s retirement or termination of service.

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

SEC source: 0001225208-10-019534 · doc4.xml · nonDerivative · entry 1

FALK THOMAS J · CIK 0001222890 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Partnership

Disclosed balance after: 5,250

F1 · price: The price represents the weighted average price for multiple transactions reported on this line. The purchase prices ranged from $ 73.0190 to $73.0200. 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 purchased at each separate purchase price.

F2 · ownership.nature: The shares are owned by TKM II, Ltd., a family limited partnership which is owned by (i) an entity owned by a Trust, controlled by the Reporting Person and his spouse as general partner, and (ii) a Trust controlled by the Reporting Person and his spouse as limited partners.

SEC source: 0001225208-10-016377 · 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: 738.6516

Underlying: Common Stock · 738.6516 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 $74.46 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 $74.46 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 $74.46 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: 0001225208-10-016381 · doc4.xml · derivative · entry 1

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Deferred Comp Plan

Disclosed balance after: 3,342.9253

Underlying: Common Stock · 436.2416 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 $74.50 per share through director retainer fee deferral under the Lockheed Martin 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 $74.50 per share through director retainer fee deferral under the Lockheed Martin 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 $74.50 per share through director retainer fee deferral under the Lockheed Martin Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled 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: 0001225208-10-015398 · doc4.xml · nonDerivative · entry 1

Comey James B · CIK 0001339593 · Senior VP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0.3816

F1 · price: The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $80.18 to $80.30. 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 sale price.

SEC source: 0001225208-10-011285 · doc4.xml · derivative · entry 4

Heath Ralph D · CIK 0001312562 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 25,000

Underlying: Common Stock · 25,000 shares

Expires 2015-01-31

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 · derivative.exercise_date: The options vested over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on January 31, 2006.

SEC source: 0001225208-10-011285 · doc4.xml · nonDerivative · entry 2

Heath Ralph D · CIK 0001312562 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 16,043.6739

F1 · price: The price represents the weighted average sale price for multiple transactions reported on this line. Sale prices ranged from $84.60 to $84.86. 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: 0001225208-10-011285 · doc4.xml · nonDerivative · entry 1

Heath Ralph D · CIK 0001312562 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 41,043.6739

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.

SEC source: 0001225208-10-011170 · doc4.xml · derivative · entry 2

Gregoire Christopher J · CIK 0001447778 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,500

Underlying: Common Stock · 3,500 shares

Expires 2013-04-26

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · derivative.exercise_date: The RSUs vest on April 26, 2013, the third anniversary of the grant date.

F3 · derivative.expiration_date: The RSUs vest on April 26, 2013, the third anniversary of the grant date.

SEC source: 0001225208-10-011170 · doc4.xml · derivative · entry 1

Gregoire Christopher J · CIK 0001447778 · Vice President & Controller

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,300

Underlying: Common Stock · 12,300 shares

Expires 2020-04-24

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on April 26, 2011.

SEC source: 0001225208-10-009535 · doc4.xml · derivative · entry 1

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Deferred Comp Plan

Disclosed balance after: 2,883.4096

Underlying: Common Stock · 390.5311 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 $83.22 per share through director retainer fee deferral under the Lockheed Martin 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 $83.22 per share through director retainer fee deferral under the Lockheed Martin 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 $83.22 per share through director retainer fee deferral under the Lockheed Martin Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.

F3 · balance_after: End of period holdings include additional phantom stock units acquired through dividend reinvestment under the plan which are exempt under Section 16(b). Units are settled upon the reporting person's retirement or termination of service.

SEC source: 0001225208-10-006632 · doc4.xml · derivative · entry 4

HEWSON MARILLYN A · CIK 0001217496 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 0

Underlying: Common Stock · 3,000 shares

Expires 2010-02-28

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 28, 2007 was the economic equivalent of one share of LMT common stock.

F1 · price: Each restricted stock unit granted on February 28, 2007 was the economic equivalent of one share of LMT common stock.

F1 · derivative.exercise_date: Each restricted stock unit granted on February 28, 2007 was the economic equivalent of one share of LMT common stock.

F1 · derivative.expiration_date: Each restricted stock unit granted on February 28, 2007 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-10-006632 · doc4.xml · nonDerivative · entry 2

HEWSON MARILLYN A · CIK 0001217496 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,098.0805

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 16b-3.

SEC source: 0001225208-10-006632 · doc4.xml · nonDerivative · entry 1

HEWSON MARILLYN A · CIK 0001217496 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,147.0805

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 28, 2007 was the economic equivalent of one share of LMT common stock.

SEC source: 0001225208-10-003386 · doc4.xml · derivative · entry 2

Gooden Linda R · CIK 0001382867 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,250

Underlying: Common Stock · 6,250 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003386 · doc4.xml · derivative · entry 1

Gooden Linda R · CIK 0001382867 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 46,500

Underlying: Common Stock · 46,500 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003387 · doc4.xml · derivative · entry 4

KUBASIK CHRISTOPHER E · CIK 0001194001 · President & COO

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin LTIP

Disclosed balance after: 31,414.9977

Underlying: Common Stock · 1,782.0324 shares

Expires not disclosed

F4 · derivative.exercise_price: The phantom stock units convert on a 1-for-1 basis.

F6 · price: Phantom stock units acquired at $74.89 per share through voluntary deferral under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

F6 · derivative.exercise_date: Phantom stock units acquired at $74.89 per share through voluntary deferral under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

F6 · derivative.expiration_date: Phantom stock units acquired at $74.89 per share through voluntary deferral under the Lockheed Martin Long Term Incentive Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

SEC source: 0001225208-10-003387 · doc4.xml · derivative · entry 3

KUBASIK CHRISTOPHER E · CIK 0001194001 · President & COO

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin DMICP

Disclosed balance after: 16,742.3244

Underlying: Common Stock · 590.3262 shares

Expires not disclosed

F4 · derivative.exercise_price: The phantom stock units convert on a 1-for-1 basis.

F5 · price: Phantom stock units acquired at $74.89 per share through voluntary deferral under under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

F5 · derivative.exercise_date: Phantom stock units acquired at $74.89 per share through voluntary deferral under under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

F5 · derivative.expiration_date: Phantom stock units acquired at $74.89 per share through voluntary deferral under under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

SEC source: 0001225208-10-003387 · doc4.xml · derivative · entry 2

KUBASIK CHRISTOPHER E · CIK 0001194001 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 14,500

Underlying: Common Stock · 14,500 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003387 · doc4.xml · derivative · entry 1

KUBASIK CHRISTOPHER E · CIK 0001194001 · President & COO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 109,800

Underlying: Common Stock · 109,800 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003388 · doc4.xml · derivative · entry 2

Comey James B · CIK 0001339593 · Senior VP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,650

Underlying: Common Stock · 5,650 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003388 · doc4.xml · derivative · entry 1

Comey James B · CIK 0001339593 · Senior VP & General Counsel

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,400

Underlying: Common Stock · 40,400 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003389 · doc4.xml · derivative · entry 2

Bostic Mark R · CIK 0001469746 · VP and Acting Controller & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,602

Underlying: Common Stock · 1,602 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003389 · doc4.xml · derivative · entry 1

Bostic Mark R · CIK 0001469746 · VP and Acting Controller & CAO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,700

Underlying: Common Stock · 5,700 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003390 · doc4.xml · derivative · entry 2

STEVENS ROBERT J · CIK 0001184258 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 40,000

Underlying: Common Stock · 40,000 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003390 · doc4.xml · derivative · entry 1

STEVENS ROBERT J · CIK 0001184258 · Director · Chairman and CEO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 290,000

Underlying: Common Stock · 290,000 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003391 · doc4.xml · derivative · entry 3

Heath Ralph D · CIK 0001312562 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin DMICP

Disclosed balance after: 7,193.6391

Underlying: Common Stock · 560.5862 shares

Expires not disclosed

F4 · derivative.exercise_price: The phantom stock units convert on a 1-for-1 basis.

F5 · price: Phantom stock units acquired at $74.89 per share through voluntary deferral under under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

F5 · derivative.exercise_date: Phantom stock units acquired at $74.89 per share through voluntary deferral under under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

F5 · derivative.expiration_date: Phantom stock units acquired at $74.89 per share through voluntary deferral under under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock following the reporting person's retirement or termination of service.

SEC source: 0001225208-10-003391 · doc4.xml · derivative · entry 2

Heath Ralph D · CIK 0001312562 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 6,600

Underlying: Common Stock · 6,600 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003391 · doc4.xml · derivative · entry 1

Heath Ralph D · CIK 0001312562 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 49,200

Underlying: Common Stock · 49,200 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003392 · doc4.xml · derivative · entry 2

Maguire Joanne M · CIK 0001368472 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,500

Underlying: Common Stock · 5,500 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003392 · doc4.xml · derivative · entry 1

Maguire Joanne M · CIK 0001368472 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 39,700

Underlying: Common Stock · 39,700 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003393 · doc4.xml · derivative · entry 2

HEWSON MARILLYN A · CIK 0001217496 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 5,850

Underlying: Common Stock · 5,850 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003393 · doc4.xml · derivative · entry 1

HEWSON MARILLYN A · CIK 0001217496 · Executive Vice President

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 45,700

Underlying: Common Stock · 45,700 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003394 · doc4.xml · derivative · entry 2

McCarthy John C · CIK 0001454234 · VP & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 1,600

Underlying: Common Stock · 1,600 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003394 · doc4.xml · derivative · entry 1

McCarthy John C · CIK 0001454234 · VP & Treasurer

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 12,000

Underlying: Common Stock · 12,000 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003395 · doc4.xml · derivative · entry 2

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 7,200

Underlying: Common Stock · 7,200 shares

Expires 2013-02-01

F2 · derivative.exercise_price: Each restricted stock unit ("RSU") represents a contingent right to receive one share of LMT common stock.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

F3 · 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 February 1, 2013, the third anniversary of the date of the grant.

SEC source: 0001225208-10-003395 · doc4.xml · derivative · entry 1

Tanner Bruce L · CIK 0001411075 · Executive VP & CFO

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 55,000

Underlying: Common Stock · 55,000 shares

Expires 2020-01-31

F1 · derivative.exercise_date: The options vest over three years, one-third on each of the first, second and third anniversaries of the grant date, beginning on February 1, 2011.

SEC source: 0001225208-10-003435 · doc4.xml · derivative · entry 1

SAVAGE FRANK · CIK 0001191326 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 11,300.9317

Underlying: Common Stock · 1,468.8209 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003436 · 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: 8,191.2808

Underlying: Common Stock · 1,468.8209 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003437 · 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: 7,463.4594

Underlying: Common Stock · 734.4104 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003437 · doc4.xml · derivative · entry 1

MCCORKINDALE DOUGLAS H · CIK 0001027152 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,917

Underlying: Common Stock · 3,917 shares

Expires 2020-01-31

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: 0001225208-10-003438 · doc4.xml · derivative · entry 1

UKROPINA JAMES R · CIK 0001194007 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 17,982.2564

Underlying: Common Stock · 489.607 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003440 · doc4.xml · derivative · entry 1

ALDRIDGE E C JR · CIK 0001250053 · Director

10b5-1 filing: Not disclosed

Ownership: Indirect · Lockheed Martin Directors Equity Plan

Disclosed balance after: 10,593.3989

Underlying: Common Stock · 1,468.8209 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003441 · 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: 12,206.2943

Underlying: Common Stock · 1,468.8209 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003442 · 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: 1,777.8698

Underlying: Common Stock · 734.4104 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 $74.89 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 $74.89 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 $74.89 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: 0001225208-10-003442 · doc4.xml · derivative · entry 1

BURRITT DAVID B · CIK 0001204586 · Director

10b5-1 filing: Not disclosed

Ownership: Direct

Disclosed balance after: 3,917

Underlying: Common Stock · 3,917 shares

Expires 2020-01-31

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: 0001225208-10-003443 · 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: 7,161.1495

Underlying: Common Stock · 1,468.8209 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 $74.89 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 $74.89 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 $74.89 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.