SEC Form 4 · accession 0001209191-15-021746
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Lester L Lyles
Director
Period of report
Mar 2, 2015
Accepted (ET)
Mar 3, 2015 · 6:36 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, $1.00 par value | Mar 2, 2015 | M | 5,410 | $73.49 | A | 13,977 | D | |
| Common Stock, $1.00 par valueF1 | Mar 2, 2015 | S | 5,410 | $139.864 | D | 8,567 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF2 | $73.49 | Mar 2, 2015 | M | 5,410 | D | — | Mar 2, 2015 | Common Stock | 5,410 | 0 | D |
Explanation of responses
- F1Sale prices ranged from $139.861 to $139.867. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.
- F2Fifty percent became exercisable on 03/03/2011 and the remaining fifty percent became exercisable on 03/03/2012.