JAMES S. CROWN - 06 May 2022 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 May 2022
Net transactions value
$0
Form type
4
Filing time
10 May 2022, 08:50:28 UTC
Previous filing
02 May 2022
Next filing
09 Aug 2022
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 +17 +0.53% 3,305 06 May 2022 Common Stock 17 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.