Kimberly A. Kuryea - Mar 7, 2023 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Senior Vice President
Signature
Nicholas R. Barnaby, by Power of Attorney
Stock symbol
GD
Transactions as of
Mar 7, 2023
Transactions value $
-$312,806
Form type
4
Date filed
3/9/2023, 03:38 PM
Previous filing
Mar 8, 2023
Next filing
May 15, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GD Common Stock Award $0 +2.99K +4% $0.00 77.9K Mar 7, 2023 Direct F1
transaction GD Common Stock Tax liability -$313K -1.35K -1.73% $231.88 76.5K Mar 7, 2023 Direct F2
transaction GD Common Stock Award $0 +2.7K +3.52% $0.00 79.2K Mar 8, 2023 Direct F3
holding GD Common Stock 1K Mar 7, 2023 Held by Spouse

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 +25.8K $0.00 25.8K Mar 8, 2023 Common Stock 25.8K $227.58 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents performance stock units (PSUs) originally granted in 2020. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of common stock.
F2 Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.
F3 Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
F4 Fifty percent become exercisable on 03/08/2025 and the remaining fifty percent become exercisable on 03/08/2026.