David C. Adams - Mar 15, 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
Mar 15, 2022
Transactions value $
$675,666
Form type
4
Date filed
3/17/2022, 04:57 PM
Previous filing
Mar 7, 2022
Next filing
Jul 12, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Conversion of derivative security $1.24M +8.57K +21.25% $144.85 48.9K Mar 15, 2022 Direct F1, F2
transaction CW Common Stock Sale -$566K -3.91K -8% $144.68 45K Mar 15, 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 -8.57K -41.38% $0.00 12.1K Mar 15, 2022 Common Stock 8.57K $0.00 Direct F5
* 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.