AI assistant
CURTISS WRIGHT CORP — Director's Dealing 2013
Nov 19, 2013
30293_dirs_2013-11-19_00f0eadd-7f05-400f-924a-54e844388631.zip
Director's Dealing
Open in viewerOpens in your device viewer
SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CURTISS WRIGHT CORP (CW)
CIK: 0000026324
Period of Report: 2013-11-18
Reporting Person: DENTON MICHAEL J (Vice President and Secretary)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2013-11-18 | Common Stock | M | 5362 | $51.27 | Acquired | 35594.95 | Direct |
| 2013-11-18 | Common Stock | S | 2524 | $51.2994 | Disposed | 33070.95 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2013-11-15 | Restricted Stock Unit | $29.88 | M | 5362 | Disposed | 2013-11-18 | Common Stock (5362) | Direct |
Footnotes
F1: These shares were acquired through a restricted share unit grant under the Company's 2005 Long Term Incentive Plan, whereby units vested in common stock shares of Curtiss-Wright Common Stock after a three year vesting period.
F2: Based on November 15th, 2013 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the market date on which the share units 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. Reporting Person sold additional shares from prior grant to offset tax obligation from prior grant due to insufficient withholding.
F4: Weighted average selling price of shares sold on November 18, 2013.
F5: No price on the date of issue having been granted as an employee benefit transaction.