Mark C. Roualet - 28 Feb 2022 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role: Executive Vice President
Signature: Blaise F. Brennan, by Power of Attorney
Issuer symbol: GD
Transactions as of: 28 Feb 2022
Net transactions value: -$1,089,380
Form type: 4
Filing time: 02 Mar 2022, 14:14:33 UTC
Next filing: 03 Mar 2022
SEC: View on sec.gov

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	GD	Common Stock	Options Exercise	$3,228,008	+23,600	+18%	$136.78	152,290	28 Feb 2022	Direct
transaction	GD	Common Stock	Tax liability	$4,317,388	-18,579	-12%	$232.38	133,711	28 Feb 2022	Direct
holding	GD	Common Stock						9,613	28 Feb 2022	401(k) Plan	F1

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	Options Exercise	$0	-23,600	-100%	$0.000000^*	0	28 Feb 2022	Common Stock	23,600	$136.78	Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.
F2	Fifty percent became exercisable on 03/04/2017 and the remaining fifty percent became exercisable on 03/04/2018.