SEC Form 4 · accession 0001209191-16-153855
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
John Patrick Casey
Officer — Executive Vice President
Period of report
Dec 5, 2016
Accepted (ET)
Dec 7, 2016 · 3:22 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 | Dec 5, 2016 | M | 69,895 | $67.70 | A | 197,562 | D | |
| Common Stock, $1.00 par valueF1 | Dec 5, 2016 | S | 69,895 | $178.505 | D | 127,667 | 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 | Dec 5, 2016 | M | 69,895 | D | — | Mar 5, 2020 | Common Stock | 69,895 | 69,895 | D |
Explanation of responses
- F1Sale prices ranged from $178.27 to $178.75. 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 03/06/2014 and the remaining fifty percent became exercisable on 03/06/2015.