K. Christopher Farkas - 15 Mar 2022 Form 4 Insider Report for CURTISS WRIGHT CORP (CW)

Role: Vice President and CFO
Signature: Paul J. Ferdenzi by Power of Attorney for K Christopher Farkas
Issuer symbol: CW
Transactions as of: 15 Mar 2022
Net transactions value: +$74,970
Form type: 4
Filing time: 17 Mar 2022, 16:56:41 UTC
Previous filing: 17 Feb 2022
Next filing: 08 Jul 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	Conversion of derivative security	$137,897	+952	+17%	$144.85	6,417	15 Mar 2022	Direct	F1, F2
transaction	CW	Common Stock	Sale	$62,927	-435	-6.8%	$144.66	5,982	15 Mar 2022	Direct	F3, F4

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	CW	Restricted Stock Unit	Conversion of derivative security	$0	-952	-9.1%	$0.000000	9,457	15 Mar 2022	Common Stock	952	$0.000000	Direct	F5
transaction	CW	Restricted Stock Unit	Award	$0	+2,217	+23%	$0.000000	11,674	17 Mar 2022	Common Stock	2,217	$0.000000	Direct	F5, F6

* 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 restricted share unit grant under the Company's 2014 Long Term Incentive Plan, whereby units vested in common stock shares of Curtiss-Wright Common Stock after a three year vesting period.
F2	Price is based on the close price for the Registrant's common stock on March 14, 2022, the date the award vested.
F3	Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell a portion of his vesting award to cover any tax obligations associated with the vesting of the award.
F4	Average sales price for all shares sold on March 15, 2022.
F5	No price on the date of issue, option having been granted as an employee benefit transaction.
F6	This is a time based restricted share unit grant under the Company's 2014 Long Term Incentive Plan, whereby units vest in common stock shares of Curtiss-Wright Common Stock after a three year vesting period.