SEC Form 4 · accession 0001628280-18-001386
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
Feb 8, 2018
Accepted (ET)
Feb 12, 2018 · 10:35 am 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, 2018 | A | 1,360 | $121.14 | A | 2,152 | D | |
| Common StockF4 | Feb 8, 2018 | S | 700 | $120.245 | D | 1,452 | 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 2014 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 6, 2018 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 8, 2018.