Kevin Rayment - Feb 6, 2024 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
Feb 6, 2024
Transactions value $
$1,193,061
Form type
4
Date filed
2/6/2024, 03:21 PM
Previous filing
Mar 22, 2023
Next filing
Feb 9, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Options Exercise $1.95M +8.61K +51.1% $225.95 25.5K Feb 6, 2024 Direct F1, F2
transaction CW Common Stock Sale -$752K -3.34K -13.1% $225.53 22.1K Feb 6, 2024 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 Options Exercise $0 -8.61K -52.14% $0.00 7.9K Feb 6, 2024 Common Stock 8.61K $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 retention based 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 five-year vesting period.
F2 Based on February 5, 2024 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. The Reporting Person is and remains in compliance with the share ownership guidelines.
F4 Weighted average selling price of shares sold on February 6, 2024.
F5 No price on the date of issue, option having been granted as an employee benefit transaction.