SEC Form 4 · accession 0001628280-16-021977
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
Dec 9, 2016
Accepted (ET)
Dec 12, 2016 · 4:05 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 Stock | Dec 9, 2016 | M | 27,704 | $30.12 | A | 95,629 | D | |
| Common Stock | Dec 9, 2016 | M | 8,808 | $30.90 | A | 104,437 | D | |
| Common StockF2 | Dec 9, 2016 | S | 36,512 | $106.1656 | D | 67,925 | 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 Stock | $30.12 | Dec 9, 2016 | M | 27,704 | D | Nov 15, 2009 | Nov 15, 2018 | Common Stock | 27,704 | 57,399 | D |
| Option to Purchase Common Stock | $30.90 | Dec 9, 2016 | M | 8,808 | D | Nov 17, 2010 | Nov 18, 2019 | Common Stock | 8,808 | 48,591 | D |
Explanation of responses
- F1Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell shares once the executive has met his share ownership requirement. The Reporting Person is and remains in compliance with the share ownership guidelines with holding more than 15 times his required holding requirement after this sale.
- F2Reporting Person is exercising soon to be expiring options and selling the resulting shares in accordance with his financial planner's advice to further diversify his holdings.