Gregory S. Gallopoulos - 05 Mar 2024 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Senior VP, Gen. Counsel, Sec.
Signature
Nicholas R. Barnaby, by Power of Attorney
Issuer symbol
GD
Transactions as of
05 Mar 2024
Net transactions value
-$619,922
Form type
4
Filing time
07 Mar 2024, 16:10:36 UTC
Previous filing
06 Mar 2024
Next filing
30 Apr 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 Award $0 +4,998 +4.5% $0.000000 116,557 05 Mar 2024 Direct F1
transaction GD Common Stock Tax liability $619,922 -2,255 -1.9% $274.91 114,302 05 Mar 2024 Direct F2
transaction GD Common Stock Award $0 +2,610 +2.3% $0.000000 116,912 06 Mar 2024 Direct F3
holding GD Common Stock 15,000 05 Mar 2024 By Trust

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 +23,700 $0.000000 23,700 06 Mar 2024 Common Stock 23,700 $274.51 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 2021. 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 03/06/2026 and the remaining fifty percent become exercisable on 03/06/2027.