James S. Crown - Mar 8, 2023 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Director
Signature
/s/Angie Newhouse, Attorney in Fact
Stock symbol
GD
Transactions as of
Mar 8, 2023
Transactions value $
$0
Form type
4
Date filed
3/10/2023, 03:15 PM
Previous filing
Feb 14, 2023
Next filing
May 16, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GD Common Stock Award $0 +375 +1.95% $0.00 19.6K Mar 8, 2023 Direct F1, F2
holding GD Common Stock 5.42M Mar 8, 2023 See ftn. F3
holding GD Common Stock 2.51M Mar 8, 2023 See ftn. F4
holding GD Common Stock 7.02M Mar 8, 2023 See ftn. F5
holding GD Common Stock 302K Mar 8, 2023 See ftn. F6

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 Stock Options Award $0 +1.78K $0.00 1.78K Mar 8, 2023 Common Stock 1.78K $227.58 Direct F7
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects shares of restricted stock that vest three years after the grant date, subject to continued service conditions.
F2 Includes 1,215 shares of restricted stock.
F3 Owned by HCNI II LLC. The reporting person is a member of HCNI II LLC and is a manager of its Manager, HCC Manager LLC. The reporting person disclaims beneficial ownership of the shares of Common Stock held by HCNI II LLC except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F4 Owned by Areljay II LLC. The reporting person is a beneficiary of a trust that is a member of Areljay II LLC, and is a manager of its Manager, HCC Manager LLC. The reporting person disclaims beneficial ownership of the shares of Common Stock held by Areljay II LLC except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F5 Owned by a partnership, The Crown Fund, of which the reporting person is a partner. The reporting person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose. The amount reported as indirectly beneficially owned reflects a decrease due to a distribution of shares by the partnership to a partner of the partnership other than the reporting person. Such distribution was non-volitional on the part of the reporting person, who had no pecuniary interest in the distributed shares
F6 Owned by a partnership, Crown Fund II, of which the reporting person is a partner. The reporting person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.
F7 One half of the options becomes exercisable on March 8, 2025 and the remaining half becomes exercisable on March 8, 2026.