SEC Form 4 · accession 0001209191-15-078108
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Gregory S Gallopoulos
Officer — Senior VP, Gen. Counsel, Sec.
Period of report
Nov 2, 2015
Accepted (ET)
Nov 3, 2015 · 4:52 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 | Nov 2, 2015 | M | 30,000 | $67.70 | A | 143,030 | D | |
| Common Stock, $1.00 par valueF1 | Nov 2, 2015 | S | 30,000 | $148.597 | D | 113,030 | 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 | $67.70 | Nov 2, 2015 | M | 30,000 | D | — | Mar 5, 2020 | Common Stock | 30,000 | 78,370 | D |
Explanation of responses
- F1Sale prices ranged from $148.210 to $149.160. 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 03/06/2014 and the remaining fifty percent became exercisable 03/06/2015.