SEC Form 4 · accession 0001209191-16-106035
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Phebe N Novakovic
Officer — Chairman and CEO · Director
Period of report
Mar 2, 2016
Accepted (ET)
Mar 4, 2016 · 3:43 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 valueF1 | Mar 2, 2016 | A | 26,055 | $0.00 | A | 392,694 | D | |
| Common Stock, $1.00 par valueF2 | holding | — | — | — | 4,773 | I | 401(k) Plan |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $135.85 | Mar 2, 2016 | A | 320,260 | A | — | Mar 1, 2026 | Common Stock | 320,260 | 320,260 | D |
Explanation of responses
- F1Represents shares of restricted stock subject to service-based vesting that will be released approximately four years after the grant date.
- F2Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.
- F3Fifty percent become exercisable on 03/02/2018 and the remaining fifty percent become exercisable on 03/02/2019.