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

SCHEDULE 13G

Under the Securities Exchange Act of 1934
(Amendment No. 6)*
   

LOCKHEED MARTIN CORPORATION

(Name of Issuer)

COMMON STOCK

(Title of Class of Securities)

 

 

539830109

 

 
   
(CUSIP Number)
   

 

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

        /x/      Rule 13d-1(b)

        / /      Rule 13d-1(c)

        / /      Rule 13d-1(d)

        *The remainder of this cover page shall be filled out for a reporting person's initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page.

        The information required in the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).


CUSIP No.            539830109        

             

(1)   Names of Reporting Persons.
I.R.S. Identification Nos. of above persons (entities only).

U.S. Trust Company, National Association *ID#95-4311476
as Trustee for Lockheed Martin Corporation Defined Contribution Plan Master Trust

*U.S. Trust Company, N.A. is a wholly owned subsidiary of U.S. Trust Corporation.
U.S. Trust Corporation is a wholly owned subsidiary of The Charles Schwab Corporation.
Each entity files reports completely separate and independent from the other.
No entity shares with any other entity any information and/or power with respect to either the voting
and/or disposition of the securities reported by such entity.

 

 

 

 

 

 

 

(2)   Check the Appropriate Box if a Member   (a)   / /
    of a Group (See Instructions)   (b)   / /
             

(3)   Sec Use Only
             

(4)   Citizenship or Place of Organization

515 S. Flower St. #2800 Los Angeles, CA 90071
             

Number of Shares Beneficially Owned by Each Reporting Person With:   (5)   Sole Voting Power
             
       
        (6)   Shared Voting Power

84,202,169
             
       
        (7)   Sole Dispositive Power
             
       
        (8)   Shared Dispositive Power

84,202,169
             

(9)   Aggregate Amount Beneficially Owned by Each Reporting Person

84,202,169
             

(10)   Check if the Aggregate Amount in Row (9) Excludes Certain Shares (See Instructions)    / /
             

(11)   Percent of Class Represented by Amount in Row (9)

19%
             

(12)   Type of Reporting Person (See Instructions)

BK
             


ITEM 1.

(a)   Name of Issuer

 

 

Lockheed Martin Corporation
   
(b)   Address of Issuer's Principal Executive Offices

 

 

6801 Rockledge Dr Bethesda, MD 20817
   

ITEM 2.

(a)   Name of Person Filing

 

 

U.S. Trust Company, National Association
   
(b)   Address of Principal Business Office or, if none, Residence

 

 

515 S. Flower St #2800 Los Angeles, CA 90071
   
(c)   Citizenship

 

 

California, USA
   
(d)   Title of Class of Securities

 

 

Common Stock
   
(e)   CUSIP Number

 

 

539830109
   
ITEM 3. IF THIS STATEMENT IS FILED PURSUANT TO SECTIONS 240.13d-1(b) OR 240.13d-2(b) OR (c), CHECK WHETHER THE PERSON FILING IS A:

(a)

 

/ /

 

Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o).

(b)

 

/x/

 

Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c).

(c)

 

/ /

 

Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c).

(d)

 

/ /

 

Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8).

(e)

 

/ /

 

An investment adviser in accordance with section 240.13d-1(b)(1)(ii)(E).

(f)

 

/ /

 

An employee benefit plan or endowment fund in accordance with section 240.13d-1(b)(1)(ii)(F).

(g)

 

/ /

 

A parent holding company or control person in accordance with section 240.13d-1(b)(1)(ii)(G).

(h)

 

/ /

 

A savings association as defined in section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813).

(i)

 

/ /

 

A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3).

(j)

 

/ /

 

Group, in accordance with section 240.13d-1(b)(1)(ii)(J).

ITEM 4. OWNERSHIP

        Provide the following information regarding the aggregate number and percentage of the class of securities of the issuer identified in Item 1.

(a)   Amount beneficially owned:

 

 

 

 

84,202,169
       
(b)   Percent of class:

 

 

 

 

 
        19%
       
(c)   Number of shares as to which the person has:
         
    (i)   Sole power to vote or to direct the vote

 

 

 

 

 
       
    (ii)   Shared power to vote or to direct the vote

 

 

 

 

 
        84,202,169
       
    (iii)   Sole power to dispose or to direct the disposition of

 

 

 

 

 
       
    (iv)   Shared power to dispose or to direct the disposition of

 

 

 

 

84,202,169
       

ITEM 5. OWNERSHIP OF FIVE PERCENT OR LESS OF A CLASS

        If this statement is being filed to report the fact that as of the date hereof the reporting person has ceased to be the beneficial owner of more than five percent of the class of securities, check the following.    / /

ITEM 6. OWNERSHIP OF MORE THAN FIVE PERCENT ON BEHALF OF ANOTHER PERSON

        


ITEM 7. IDENTIFICATION AND CLASSIFICATION OF THE SUBSIDIARY WHICH ACQUIRED THE SECURITY BEING REPORTED ON BY THE PARENT HOLDING COMPANY


ITEM 8. IDENTIFICATION AND CLASSIFICATION OF MEMBERS OF THE GROUP

        


ITEM 9. NOTICE OF DISSOLUTION OF GROUP

        



ITEM 10. CERTIFICATION

        (a)    The following certification shall be included if the statement is filed pursuant to section 240.13d-1(b):

        (b)    The following certification shall be included if the statement is filed pursuant to section 240.13d-1(c):


SIGNATURE

        After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

     

 

 

2/11/02
   
Date
     

 

 

/s/ ANTHONY FABIAN
   
Signature
     

 

 

Anthony Fabian, SVP
   
Name/Title



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SIGNATURE