Phebe N. Novakovic - 26 Jan 2024 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Chairman and CEO, Director
Signature
Nicholas R. Barnaby, by Power of Attorney
Issuer symbol
GD
Transactions as of
26 Jan 2024
Net transactions value
-$15,616,383
Form type
4
Filing time
30 Jan 2024, 15:38:23 UTC
Previous filing
18 Jan 2024
Next filing
06 Mar 2024
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 $40,569,670 +211,620 +27% $191.71 985,597 26 Jan 2024 Direct
transaction GD Common Stock Tax liability $47,634,296 -179,265 -18% $265.72 806,332 26 Jan 2024 Direct
transaction GD Common Stock Sale $8,525,255 -32,255 -4% $264.31 774,077 29 Jan 2024 Direct F1
transaction GD Common Stock Sale $26,503 -100 -0.01% $265.03 773,977 29 Jan 2024 Direct
holding GD Common Stock 30,000 26 Jan 2024 By LLC F2
holding GD Common Stock 5,649 26 Jan 2024 401(k) Plan F3

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 -211,620 -100% $0.000000* 0 26 Jan 2024 Common Stock 211,620 $191.71 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale prices ranged from $264.00 to $264.985. 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 Represents shares held by a limited liability company for which the Reporting Person serves as manager and the members of which are trusts for the benefit of the Reporting Person's children.
F3 Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
F4 Fifty percent became exercisable on 03/01/2019 and the remaining fifty percent became exercisable on 03/01/2020.