SEC Form 4 · accession 0001628280-17-001114
CURTISS WRIGHT CORP · CW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
David Charles Adams
Officer — Chairman & CEO
Period of report
Feb 8, 2017
Accepted (ET)
Feb 10, 2017 · 3:52 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 8, 2017 | A | 31,704 | $97.58 | A | 85,274 | D | |
| Common StockF4 | Feb 9, 2017 | S | 15,270 | $98.09 | D | 70,004 | 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 8, 2017 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 a portion of his vesting award to cover any tax obligations associated with the vesting of the award. The Reporting Person is and remains in compliance with the share ownership guidelines.
- F4Weighted average selling price of shares sold on February 9, 2017.