SEC Filing | Lockheed Martin Corp

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SEC FORM 3 SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person^*

Stanislav Martin T

(Last)

(First)

(Middle)

6801 ROCKLEDGE DRIVE

(Street)

BETHESDA

20817

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
03/07/2005

3. Issuer Name and Ticker or Trading Symbol
LOCKHEED MARTIN CORP [ LMT ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Vice President and Controller

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Common Stock	1,969.2669	I	Lockheed Martin Salaried Savings Plan
Common Stock	1,420	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
1. Title of Derivative Security (Instr. 4)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
Employee Stock Option (Right to Buy)	01/29/2002⁽¹⁾	01/28/2011	Common Stock	8,100	35.05	D
Employee Stock Option (Right to Buy)	01/29/2003⁽²⁾	01/28/2012	Common Stock	10,000	50.4	D
Employee Stock Option (Right to Buy)	01/28/2004⁽³⁾	01/27/2013	Common Stock	6,000	51.1	D
Employee Stock Option (Right to Buy)	01/29/2005⁽⁴⁾	01/28/2014	Common Stock	6,500	49.27	D
Employee Stock Option (Right to Buy)	01/31/2006⁽⁵⁾	01/30/2015	Common Stock	6,500	57.81	D
Phantom Stock Units	⁽⁶⁾	⁽⁶⁾	Common Stock	388.4175	⁽⁷⁾	I	Lockheed Martin Supplemental Salaried Savings Plan

Explanation of Responses:

1. The options vested over two years, one-half on each anniversary of the grant date, beginning on January 29, 2002.

2. The options vested over two years, one-half on each anniversary of the grant date, beginning on January 29, 2003.

3. The options vest over three years, one-third on each anniversary of the grant date, beginning on January 28, 2004.

4. The options vest over three years, one-third on each anniversary of the grant date, beginning on January 29, 2005.

5. The options vest over three years, one-third on each anniversary of the grant date, beginning on January 31, 2006.

6. The information pertains to the phantom stock units acquired under the Lockheed Martin Supplemental Salaried Savings Plan exempt under Section 16(b) and will be settled upon the reporting person's retirement or termination of service.

7. The phantom stock units convert on a 1 for 1 basis.

Remarks:

	David A. Dedman Attorney-in-Fact	03/16/2005
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

POWER OF ATTORNEY

LOCKHEED MARTIN CORPORATION



 The undersigned hereby constitutes and appoints Frank H. Menaker, Marian S. Block and David A. Dedman, and each of them, jointly and severally, his or her lawful attorney-in-fact and agent, with full power of substitution and resubstitution, for him or her and in his or her name, place and stead, in any and all capacities to execute and file, or cause to be filed, with exhibits thereto and other documents in connection therewith, with the Securities and Exchange Commission (hereinafter referred to as the "Commission") any and all reports or forms (including but not limited for Forms 3, 4 or  5,  Form 144 or Form ID) and any supplements or amendments thereto as are required to be filed by the undersigned pursuant to Section 16 of the Securities Exchange Act of 1934, as amended, and the rules and regulations promulgated thereunder, and Rule 144 of the Securities Act of 1933,  with respect to the equity securities of Lockheed Martin Corporation, granting unto said attorneys-in-fact and agents, and each of them
, full power and authority to do and perform each and every act and thing requisite or necessary to be done as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorney's-in-fact and agents, and each of them, or his substitute or substitutes, may lawfully do or cause to be done by virtue hereof.







/s/ Martin T. Stanislav    03/09/2005

Martin T. Stanislav    Date