SEC Form 4 · accession 0001209191-16-135671
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
S. Daniel Johnson
Officer — Executive Vice President
Period of report
Aug 3, 2016
Accepted (ET)
Aug 5, 2016 · 3:21 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 | Aug 3, 2016 | M | 34,650 | $112.40 | A | 107,922 | D | |
| Common Stock, $1.00 par valueF1 | Aug 3, 2016 | S | 33,650 | $147.906 | D | 74,272 | 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 | $112.40 | Aug 3, 2016 | M | 34,650 | D | — | Mar 4, 2021 | Common Stock | 34,650 | 0 | D |
Explanation of responses
- F1Sale prices ranged from $147.46 to $148.22. 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 3/5/2015 and the remaining fifty percent became exercisable on 3/5/2016.