Mark Lagrand Burns - 27 Jan 2023 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role: Vice President
Signature: Nicholas R. Barnaby, by Power of Attorney
Issuer symbol: GD
Transactions as of: 27 Jan 2023
Net transactions value: -$2,513,863
Form type: 4
Filing time: 31 Jan 2023, 20:51:58 UTC
Previous filing: 03 Aug 2022
Next filing: 08 Mar 2023
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	$3,749,460	+27,600	+48%	$135.85	84,509	27 Jan 2023	Direct
transaction	GD	Common Stock	Sale	$6,263,323	-27,600	-33%	$226.93	56,909	27 Jan 2023	Direct	F1
holding	GD	Common Stock						1,165	27 Jan 2023	401(k) Plan	F2

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	-27,600	-100%	$0.000000^*	0	27 Jan 2023	Common Stock	27,600	$135.85	Direct	F3

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

Explanation of Responses:

Id	Content
F1	Sale prices ranged from $226.83 to $227.19. 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.
F2	Includes share activity under the General Dynamics 401(k) plan since date of reporting person's last ownership report.
F3	Fifty percent became exercisable on 03/02/2018 and the remaining fifty percent became exercisable on 03/02/2019.