SEC Form 4 · accession 0001209191-15-047161
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Larry R Flynn
Officer — Vice President
Period of report
May 26, 2015
Accepted (ET)
May 27, 2015 · 4:55 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 26, 2015 | M | 57,340 | $67.70 | A | 113,162 | D | |
| Common Stock, $1.00 par valueF1 | May 26, 2015 | S | 53,800 | $138.008 | D | 59,362 | D | |
| Common Stock, $1.00 par valueF2 | May 26, 2015 | S | 3,540 | $138.616 | D | 55,822 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $67.70 | May 26, 2015 | M | 57,340 | D | — | Mar 5, 2020 | Common Stock | 57,340 | 0 | D |
Explanation of responses
- F1Sale prices ranged from $137.52 to $138.50. 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.
- F2Sale prices ranged from $138.54 to $138.77. 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.
- F3Fifty percent became exercisable on 03/06/2014 and the remaining fifty percent became exercisable on 03/06/2015.