SEC Form 4 · accession 0001209191-17-017282
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
Mar 1, 2017
Accepted (ET)
Mar 3, 2017 · 3:07 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 | 4,200 | $0.00 | A | 121,108 | D | |
| Common Stock, $1.00 par value | Mar 1, 2017 | M | 34,950 | $67.70 | A | 156,058 | D | |
| Common Stock, $1.00 par valueF2 | Mar 1, 2017 | S | 46,722 | $192.215 | D | 109,336 | 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 | 48,650 | A | — | Feb 28, 2027 | Common Stock | 48,650 | 48,650 | D |
| Stock OptionsF4 | $67.70 | Mar 1, 2017 | M | 34,950 | D | — | Mar 5, 2020 | Common Stock | 34,950 | 34,950 | 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 $192.03 to $192.61. 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 03/06/2014 and the remaining fifty percent became exercisable on 03/06/2015.