K. Christopher Farkas - Feb 15, 2023 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
Stock symbol
CW
Transactions as of
Feb 15, 2023
Transactions value $
$300,234
Form type
4
Date filed
2/16/2023, 11:23 AM
Previous filing
Jan 5, 2023
Next filing
Mar 17, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Award $559K +3.28K +53.33% $170.30 9.43K Feb 15, 2023 Direct F1, F2
transaction CW Common Stock Sale -$258K -1.53K -16.17% $169.41 7.91K Feb 15, 2023 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 14, 2023 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 one half of the vested shares to pay individual income tax obligations associated with the vesting of the award.