SEC Form 4 · accession 0001209191-17-017246
GENERAL DYNAMICS CORP · GD
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
William P Fricks
Director
Period of report
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 2:41 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 1, 2017 | A | 390 | $0.00 | A | 43,856 | D | |
| Common Stock, $1.00 par value | Mar 2, 2017 | M | 5,210 | $74.81 | A | 49,066 | D | |
| Common Stock, $1.00 par value | Mar 2, 2017 | M | 4,580 | $71.01 | A | 53,646 | D | |
| Common Stock, $1.00 par value | Mar 2, 2017 | M | 6,900 | $67.70 | A | 60,546 | D | |
| Common Stock, $1.00 par valueF2 | Mar 2, 2017 | S | 10,146 | $191.185 | D | 50,400 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Stock OptionsF3 | $191.71 | Mar 1, 2017 | A | 2,270 | A | — | Feb 28, 2027 | Common Stock | 2,270 | 2,270 | D |
| Stock OptionsF4 | $74.81 | Mar 2, 2017 | M | 5,210 | D | — | Mar 1, 2018 | Common Stock | 5,210 | 0 | D |
| Stock OptionsF5 | $71.01 | Mar 2, 2017 | M | 4,580 | D | — | Mar 6, 2019 | Common Stock | 4,580 | 0 | D |
| Stock OptionsF6 | $67.70 | Mar 2, 2017 | M | 6,900 | D | — | Mar 5, 2020 | Common Stock | 6,900 | 0 | D |
Explanation of responses
- F1Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
- F2Sale prices ranged from $191.043 to $191.247. 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.
- F3Fifty percent become exercisable on 03/01/2019 and the remaining fifty percent become exercisable on 03/01/2020.
- F4Fifty percent became exercisable on 03/02/2012 and the remaining fifty percent became exercisable on 03/02/2013.
- F5Fifty percent became exercisable on 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.
- F6Fifty percent became exercisable on 03/06/2014 and the remaining fifty percent became exercisable on 03/06/2015.