Kevin Rayment - 16 Feb 2022 Form 4 Insider Report for CURTISS WRIGHT CORP (CW)

Role
Vice President and COO
Signature
Paul J. Ferdenzi by Power of Attorney for Kevin Rayment
Issuer symbol
CW
Transactions as of
16 Feb 2022
Net transactions value
+$148,823
Form type
4
Filing time
17 Feb 2022, 08:13:06 UTC
Next filing
17 Mar 2022
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Award $248,040 +1,797 +17% $138.03 12,219 16 Feb 2022 Direct F1, F2
transaction CW Common Stock Sale $99,217 -723 -5.9% $137.23 11,496 16 Feb 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.