David C. Adams - Feb 16, 2022 Form 4 Insider Report for CURTISS WRIGHT CORP (CW)

Role
Executive Chairman, Director
Signature
Paul J. Ferdenzi by Power of Attorney for David Adams
Stock symbol
CW
Transactions as of
Feb 16, 2022
Transactions value $
$702,584
Form type
4
Date filed
2/17/2022, 08:12 AM
Previous filing
Feb 11, 2022
Next filing
Mar 7, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Award $1.29M +9.33K +18.41% $138.03 60K Feb 16, 2022 Direct F1, F2
transaction CW Common Stock Sale -$585K -4.26K -7.1% $137.25 55.7K Feb 16, 2022 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired through a performance share grant under the Company's 2014 Long Term Incentive Plan, whereby the executive received a predetermined number of shares of Curtiss-Wright Common Stock based on the Company's three year total shareholder return against the performance of its peer group.
F2 Based on February 15, 2022 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the date on which the shares vested.
F3 Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell a portion of the vesting award to cover any tax obligations associated with the vesting of the award. The Reporting Person is and remains in compliance with the share ownership guidelines.