SEC Form 4 · accession 0001628280-17-011612
CURTISS WRIGHT CORP · CW
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
K Christopher Farkas
Officer — Vice President and Controller
Period of report
Nov 14, 2017
Accepted (ET)
Nov 16, 2017 · 12:06 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 | Nov 14, 2017 | M | 520 | $117.74 | A | 885 | D | |
| Common Stock | Nov 14, 2017 | S | 194 | $117.94 | D | 691 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Restricted Stock UnitF3 | $117.74 | Nov 16, 2017 | M | 520 | D | Nov 14, 2017 | Nov 14, 2017 | Common Stock | 520 | 1,328 | D |
Explanation of responses
- F1These shares were acquired through a restricted share unit grant under the Company's 2005 Long Term Incentive Plan, whereby units vested in common stock shares of Curtiss-Wright Common Stock after a three year vesting period.
- F2Shares 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.
- F3No price on the date of issue, option having been granted as an employee benefit transaction.