SEC Form 4 · accession 0000913849-19-000168
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 6, 2019
Accepted (ET)
Mar 8, 2019 · 4:58 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 StockF1,F2 | Mar 6, 2019 | A | 445 | $0.00 | A | 82,646 | D | |
| Common StockF3 | holding | — | — | — | 5,424,092 | I | See ftn | |
| Common StockF4 | holding | — | — | — | 2,511,144 | I | See ftn | |
| Common StockF5 | holding | — | — | — | 7,291,752 | I | See ftn | |
| Common StockF6 | holding | — | — | — | 301,892 | 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 OptionsF7 | $167.61 | Mar 6, 2019 | A | 2,590 | A | — | Mar 5, 2029 | Common Stock | 2,590 | 2,590 | D |
Explanation of responses
- F1Reflects shares of restricted stock that vest three years after the grant date, subject to continued service conditions.
- F2Includes 1,690 shares of restricted stock.
- F3Owned by HCNI II LLC. The Reporting Person is a member of HCNI II LLC and is a manager of its manager, HCC Manager LLC. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by HCNI II LLC 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 Areljay II LLC. The Reporting Person is a beneficiary of a trust that is a member of Areljay II LLC, and is a manager of its manager, HCC Manager LLC. The Reporting Person disclaims beneficial ownership of the shares of Common Stock held by Areljay II LLC 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 for 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 becomes exercisable on March 6, 2021 and the remaining half becomes exercisable on March 6, 2022.