SEC Form 4 · accession 0000950117-16-001171
CURTISS WRIGHT CORP · CW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Paul J Ferdenzi
Officer — Vice President
Period of report
May 12, 2016
Accepted (ET)
May 13, 2016 · 5:35 pm EDT
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 | May 12, 2016 | M | 1,821 | $54.00 | A | 16,213 | D | |
| Common Stock | May 12, 2016 | S | 1,821 | $82.00 | D | 14,392 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Option to Purchase Common StockF3 | $54.00 | May 12, 2016 | M | 1,821 | D | Nov 16, 2008 | Nov 17, 2017 | Common Stock | 1,821 | 14,549 | D |
Explanation of responses
- F1These shares were acquired through an exercise of a stock option granted in 2008 under the Company's 2005 Long Term Incentive Plan.
- F2Price reflects the exercise price of the option granted on November 17, 2007.
- F3There is no price associated with acquiring this derivative security since it was acquired pursuant to an employee benefit transaction under the Company's Omnibus Long Term Incentive Plan.
- F4Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell shares once they hold sufficient shares to meet ownership guidelines. After sale, reporting person still maintains stock ownership of 150% of his required ownership guideline.