SEC Form 4 · accession 0000950117-15-000835
CURTISS WRIGHT CORP · CW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Tom P Quinly
Officer — Vice President & COO
Period of report
Dec 22, 2015
Accepted (ET)
Dec 22, 2015 · 5:34 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000026324
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common StockF2 | Dec 22, 2015 | M | 7,337 | $66.41 | A | 29,745 | D | |
| Common StockF4 | Dec 22, 2015 | S | 3,689 | $66.096 | D | 26,056 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF5 | $33.96 | Dec 21, 2015 | M | 7,337 | D | Dec 20, 2012 | Dec 21, 2015 | Common Stock | 7,337 | 42,027 | D |
Explanation of responses
- F1These shares were acquired through a restricted share unit grant under the Company's 2005 Long Term Incentive Plan, whereby units vested in common stock shares of Curtiss-Wright Common Stock after a three year vesting period.
- F2Based on December 21, 2015 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the first market date after the share units vested.
- F3Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell vested shares once the individual has met his holding obligations under the guidelines.
- F4Weighted average selling price of shares sold on December 22, 2015.
- F5No price on the date of issue having been granted as an employee benefit transaction.