SEC Form 4 · accession 0000950117-16-000938
CURTISS WRIGHT CORP · CW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Albert E Smith
Director
Period of report
Feb 16, 2016
Accepted (ET)
Feb 17, 2016 · 6:34 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,F3 | Feb 16, 2016 | A | 1,380 | $65.25 | A | 20,120 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Shares were issued pursuant to the Company's 2014 Omnibus Incentive Compensation Plan in which non-employee directors receive an annual grant of restricted stock for service on the board. The restrictions on these shares lapse upon the shorter of (a) three years from the date of grant or (b) until such time as the service of the recipient as a Non-employee Director of the Company shall have ended by reason of his or her (i) death or disability or (ii) failure to be reelected.
- F2The number of shares is arrived by dividing the closing price of the Issuer's securities on February 10, 2016 into $90,000, the amount of the stock award granted to the Issuer's non-employee directors.
- F3Price is based on the closing price on of the Issuers securities as reported on the New York Stock Exchange for February 10, 2016, the date the award was approved by the Issuer's Board of Directors