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^*

Ulmer Gregory M

(Last)

(First)

(Middle)

6801 ROCKLEDGE DRIVE

(Street)

BETHESDA

20817

(City)

(State)

(Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
12/01/2020

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)
Acting Executive Vice Pres.

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	6,305.121	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)
Restricted Stock Units	⁽¹⁾	02/21/2022	Common Stock	1,432	⁽²⁾	D
Restricted Stock Units	⁽¹⁾	02/22/2021	Common Stock	724	⁽²⁾	D
Restricted Stock Units	⁽¹⁾	02/27/2023	Common Stock	1,196	⁽²⁾	D
Phantom Stock Units	⁽³⁾	⁽³⁾	Common Stock	491.9521	⁽³⁾	I	LM Supplemental Savings Plan
Phantom Stock Units	⁽⁴⁾	⁽⁴⁾	Common Stock	806.9999	⁽⁴⁾	I	Lockheed Martin DMICP

Explanation of Responses:

1. Award of restricted stock units which vests on the third anniversary of the grant date. Per the award agreement, vesting may be accelerated to the extent necessary to satisfy tax withholding obligations for retirement-eligible reporting persons and such vested shares shall be disposed to the Issuer for the purposes of satisfying the reporting person's tax withholding obligations, which is an exempt transaction under Rule 16b-3.

2. Each restricted stock unit represents a contingent right to receive one share of LMT common stock.

3. Phantom stock units acquired under the Lockheed Martin Supplemental Savings Plan exempt under Section 16(b) which will be settled in cash upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.

4. Phantom stock units acquired under the Lockheed Martin Deferred Management Incentive Compensation Plan exempt under Section 16(b) which will be settled in stock upon the reporting person's retirement or termination of service. The phantom stock units convert on a one-for-one basis.

Remarks:

gmupoa.txt

	Gregory M. Ulmer, by Kerri R. Morey, Attorney-in-fact	12/08/2020
	** 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 Maryanne R. Lavan, Kerri R.
Morey and Peter L. Trentman, and each of them, jointly and severally, his lawful
  attorney-in-fact and agent, with full power of substitution and
re-substitution, for his and in his 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 any and all reports or forms (including but not limited to Forms 3, 4
  or 5, or 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 might or could do in person, hereby
ratifying and confirming all that said attorneys-in-fact and agents, and each of
  them, or any substitute or substitutes, may lawfully do or cause to be done by
  virtue hereof.


/s/ Gregory M. Ulmer

Gregory M. Ulmer



November 29, 2020