SEC Form 4 · accession 0001209191-16-134600
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
Jul 29, 2016
Accepted (ET)
Aug 1, 2016 · 4:30 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 | Jul 29, 2016 | M | 39,000 | $71.01 | A | 153,848 | D | |
| Common Stock, $1.00 par valueF1 | Jul 29, 2016 | S | 39,000 | $146.581 | D | 114,848 | 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 | Jul 29, 2016 | M | 39,000 | D | — | Mar 6, 2019 | Common Stock | 39,000 | 39,860 | D |
Explanation of responses
- F1Sale prices ranged from $146.33 to $146.87. 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.