SEC Form 4 · accession 0000950117-16-000947
CURTISS WRIGHT CORP · CW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Glenn E Tynan
Officer — Vice President and CFO
Period of report
Feb 16, 2016
Accepted (ET)
Feb 18, 2016 · 6:21 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 | Feb 12, 2016 | A | 23,222 | $63.70 | A | 94,488 | D | |
| Common StockF4 | Feb 16, 2016 | S | 11,128 | $63.24 | D | 83,360 | D |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1These shares were acquired through a performance share grant under the Company's 2005 Long Term Incentive Plan, whereby the executive received a predetermined number of shares of Curtiss-Wright Common Stock based on the Company's three year total shareholder return against the performance of its peer group.
- F2Based on February 12, 2016 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the date on which the shares vested.
- F3Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell one half of the vested shares to pay individual income tax obligations associated with the vesting of the award.
- F4Weighted average selling price of shares sold on February 16, 2016.