Kevin Rayment - Mar 17, 2023 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
Stock symbol
CW
Transactions as of
Mar 17, 2023
Transactions value $
-$180,405
Form type
4
Date filed
3/22/2023, 11:41 AM
Previous filing
Feb 16, 2023
Next filing
Feb 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Conversion of derivative security $0 +2.75K +18.15% $0.00 17.9K Mar 21, 2023 Direct F1, F2
transaction CW Common Stock Sale -$180K -1.06K -5.89% $171.00 16.8K Mar 21, 2023 Direct F3

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 Award $0 +2.48K +17.73% $0.00 16.5K Mar 17, 2023 Common Stock 2.48K $0.00 Direct F2, F4
transaction CW Restricted Stock Unit Conversion of derivative security $0 -2.75K -16.69% $0.00 13.7K Mar 21, 2023 Common Stock 2.75K $0.00 Direct F2
* 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 No price on the date of issue, option having been granted as an employee benefit transaction.
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.
F4 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 one year vesting period.