LOCKHEED MARTIN CORP (LMT) Insider Transactions

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.14 to $602.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (3) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.83, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.22 to $602.98, inclusive.

F4 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

References: F3, F4

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.14 to $602.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (3) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.83, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.22 to $602.98, inclusive.

F4 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.14 to $602.04, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (3) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.00 to $600.83, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $602.22 to $602.98, inclusive.

F4 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The Reporting Person transferred these shares from an irrevocable trust for the benefit of members of his immediate family to a revocable living trust of which he is the sole trustee.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The Reporting Person transferred these shares from an irrevocable trust for the benefit of members of his immediate family to a revocable living trust of which he is the sole trustee.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Phantom stock units convert to common stock on a one-for-one basis.

F2 The information pertains to phantom stock units acquired at $509.25 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled in cash upon the reporting person's retirement or termination of service.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 The information pertains to previously acquired stock units under the Lockheed Martin Corporation Amended and Restated Directors Equity Plan exempt under Section 16(b). Settlement in cash or stock (as elected by the director) will occur upon the reporting person's retirement or termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have payment of awards granted on or after January 1, 2018 (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.

References: F1, F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 Phantom stock units convert to common stock on a one-for-one basis.

F2 The information pertains to phantom stock units acquired at $509.25 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled in cash upon the reporting person's retirement or termination of service.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 The information pertains to previously acquired stock units under the Lockheed Martin Corporation Amended and Restated Directors Equity Plan exempt under Section 16(b). Settlement in cash or stock (as elected by the director) will occur upon the reporting person's retirement or termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have payment of awards granted on or after January 1, 2018 (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.

References: F1, F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.8820 to $602.0581, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.8337 to $601.5186, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.7823 to $600.7583, inclusive.

F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.7062 to $597.6678, inclusive.

F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.7529 to $599.4026, inclusive.

F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.7465 to $598.7410, inclusive.

References: F6

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.8820 to $602.0581, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.8337 to $601.5186, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.7823 to $600.7583, inclusive.

F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.7062 to $597.6678, inclusive.

F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.7529 to $599.4026, inclusive.

F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.7465 to $598.7410, inclusive.

References: F5

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.8820 to $602.0581, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.8337 to $601.5186, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.7823 to $600.7583, inclusive.

F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.7062 to $597.6678, inclusive.

F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.7529 to $599.4026, inclusive.

F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.7465 to $598.7410, inclusive.

References: F4

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.8820 to $602.0581, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.8337 to $601.5186, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.7823 to $600.7583, inclusive.

F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.7062 to $597.6678, inclusive.

F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.7529 to $599.4026, inclusive.

F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.7465 to $598.7410, inclusive.

References: F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.8820 to $602.0581, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.8337 to $601.5186, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.7823 to $600.7583, inclusive.

F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.7062 to $597.6678, inclusive.

F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.7529 to $599.4026, inclusive.

F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.7465 to $598.7410, inclusive.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $601.8820 to $602.0581, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in footnotes (1) through (6) to this Form 4.

F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $600.8337 to $601.5186, inclusive.

F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $599.7823 to $600.7583, inclusive.

F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $596.7062 to $597.6678, inclusive.

F5 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $598.7529 to $599.4026, inclusive.

F6 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $597.7465 to $598.7410, inclusive.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $601.0650 to $601.8500, inclusive. 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 price.

F2 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $600.0000 to $600.9300, inclusive. 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 price.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.

References: F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $601.0650 to $601.8500, inclusive. 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 price.

F2 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $600.0000 to $600.9300, inclusive. 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 price.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.

References: F2

Reported filing row; may be amended. Do not sum filings blindly.

F1 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $601.0650 to $601.8500, inclusive. 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 price.

F2 The price represents the weighted average price for multiple transactions reported on this line. Prices ranged from $600.0000 to $600.9300, inclusive. 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 price.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($582.74).

F2 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F3 Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock acquired under the Lockheed Martin Supplemental Savings Plan will be settled in cash upon the Reporting Person's retirement or termination of service.

F4 Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under Lockheed Martin's Supplemental Savings Plan.

F5 Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock 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.

References: F3, F1, F4

Reported filing row; may be amended. Do not sum filings blindly.

F1 The Reporting Person effected an intra-plan transfer of funds held in the company stock fund to another investment option under the plan. The transaction was a discretionary transaction exempt under Rule 16b-3(f). The disposition was valued at the closing price of LMT on the date of transfer ($582.74).

F2 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F3 Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock acquired under the Lockheed Martin Supplemental Savings Plan will be settled in cash upon the Reporting Person's retirement or termination of service.

F4 Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under Lockheed Martin's Supplemental Savings Plan.

F5 Phantom stock units convert to common stock on a one-for-one basis. Shares of phantom stock 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.

References: F1

Reported filing row; may be amended. Do not sum filings blindly.

F1 Phantom stock units convert to common stock on a one-for-one basis.

F2 The information pertains to phantom stock units acquired at $509.46 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled in cash upon the reporting person's retirement or termination of service.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 The information pertains to previously acquired stock units under the Lockheed Martin Corporation Amended and Restated Directors Equity Plan exempt under Section 16(b). Settlement in cash or stock (as elected by the director) will occur upon the reporting person's retirement or termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have payment of awards granted on or after January 1, 2018 (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.

References: F1, F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 Phantom stock units convert to common stock on a one-for-one basis.

F2 The information pertains to phantom stock units acquired at $509.46 per share through director retainer fee deferral under the Lockheed Martin Corporation Directors Deferred Compensation Plan exempt under Section 16(b). Units are settled in cash upon the reporting person's retirement or termination of service.

F3 Holdings as of reportable transaction date include additional acquisitions through dividend reinvestment.

F4 The information pertains to previously acquired stock units under the Lockheed Martin Corporation Amended and Restated Directors Equity Plan exempt under Section 16(b). Settlement in cash or stock (as elected by the director) will occur upon the reporting person's retirement or termination of service, except that non-employee directors who have satisfied our stock ownership guidelines may elect to have payment of awards granted on or after January 1, 2018 (together with any dividend equivalents thereon) made on the first business day of April following vesting of the award.

References: F1, F2, F3

Reported filing row; may be amended. Do not sum filings blindly.

F1 Holdings as of reportable transaction date include additional acquisitions and dividend reinvestment under the company's 401(k) plan.

References: