SEC Form 4 · accession 0001209191-15-039312
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Joseph T Lombardo
Officer — Executive Vice President
Period of report
May 4, 2015
Accepted (ET)
May 6, 2015 · 1:37 pm EDT
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 | May 4, 2015 | M | 87,630 | $71.01 | A | 215,029 | D | |
| Common Stock, $1.00 par valueF1 | May 4, 2015 | S | 87,630 | $140.488 | D | 127,399 | 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 | $71.01 | May 4, 2015 | M | 87,630 | D | — | Mar 6, 2019 | Common Stock | 87,630 | 0 | D |
Explanation of responses
- F1Sale prices ranged from $140.25 to $140.83. 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 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.