JAMES S. CROWN - 06 Aug 2021 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Director
Signature
/s/Angie Newhouse, Attorney in Fact
Issuer symbol
GD
Transactions as of
06 Aug 2021
Net transactions value
$0
Form type
4
Filing time
10 Aug 2021, 13:56:08 UTC
Previous filing
21 Jun 2021
Next filing
16 Nov 2021
SEC
View on sec.gov

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GD Phantom Stock Units Award +19 +0.6% 3,250 06 Aug 2021 Common Stock 19 Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Each unit of phantom stock settles into cash upon the Reporting Person's retirement in an amount equal to the average of the high and low market prices of one share of Common Stock as of the date of the Reporting Person's retirement.
F2 Acquired pursuant to the dividend equivalent provisions of the Issuer's director retirement plan for certain non-employee directors.