SEC Form 4 · accession 0000913849-15-000080

GENERAL DYNAMICS CORP · GD

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

James S Crown

Director

Period of report

Mar 4, 2015

Accepted (ET)

Mar 6, 2015 · 4:31 pm EST

Rule 10b5-1 plan

unknown — predates the checkbox

Issuer CIK

0000040533

Table I — non-derivative securities

Security	Date	Code	Shares	Price	A/D	Owned after	D/I	Nature of ownership
Common Stock^F1,F2	Mar 4, 2015	A	520	$0.00	A	70,696	D
Common Stock^F3	holding	—	—		—	5,424,092	I	See ftn.
Common Stock^F4	holding	—	—		—	2,511,144	I	See ftn.
Common Stock^F5	holding	—	—		—	7,705,112	I	See ftn.
Common Stock^F6	holding	—	—		—	304,800	I	See ftn.

Table II — derivative securities

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Stock Options^F7	$136.78	Mar 4, 2015	A	2,570	A	—	Mar 3, 2025	Common Stock	2,570	2,570	D

Explanation of responses

F1Reflects shares of restricted stock that vest on December 31, 2018, subject to continued service conditions.
F2Includes 2,820 shares of restricted stock.
F3Owned by a partnership, Henry Crown and Company (Not incorporated), of which the Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F4Owned by a partnership, Areljay, L.P., of which the Reporting Person is a beneficiary of a trust which is a partner, and a director, officer and shareholder of a corporation which is a partner. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F5Owned by a partnership, The Crown Fund, of which the Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F6Owned by a partnership, Crown Fund II, of which the Reporting Person is a partner. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F7One-half of the options vests and becomes exercisable on March 4, 2017 and the remaining half vests and becomes exercisable on March 4, 2018.