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CURTISS WRIGHT CORP — Director's Dealing 2014
Nov 19, 2014
30293_dirs_2014-11-18_afefed81-974b-4aa3-80fe-252fad0cc8f2.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: CURTISS WRIGHT CORP (CW)
CIK: 0000026324
Period of Report: 2014-11-17
Reporting Person: Adams David Charles (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2014-11-17 | Common Stock | M | 26368 | $42.94 | Acquired | 85618.35 | Direct |
| 2014-11-17 | Common Stock | S | 26368 | $69.64 | Disposed | 59250.35 | Direct |
| 2014-11-17 | Common Stock | M | 12669 | $69.10 | Acquired | 71919.35 | Direct |
| 2014-11-17 | Common Stock | S | 12669 | $69.83 | Disposed | 59250.35 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2014-11-17 | Option to Purchase Common Stock | $27.92 | M | 3808 | Disposed | 2015-11-14 | Common Stock (3808) | Direct |
| 2014-11-17 | Option to Purchase Common Stock | $36.73 | M | 11137 | Disposed | 2016-11-19 | Common Stock (11137) | Direct |
| 2014-11-17 | Option to Purchase Common Stock | $54 | M | 11423 | Disposed | 2017-11-16 | Common Stock (11423) | Direct |
| 2014-11-17 | Restricted Stock Unit | $32.97 | M | 12669 | Disposed | 2014-11-15 | Common Stock (12669) | Direct |
Footnotes
F1: Price reflects the weighted average exercise price of the options exercised on November 17, 2014. Reporting person received an award for 3808 shares in 2005 at an exercise price of $27.92, and an award for 11137 shares in 2006 at an exercise price of $36.73, and an award for 11423 in 2007 at an exercise price of $54.00.
F2: Weighted average selling price of shares sold on November 17, 2014.
F3: There is no price associated with acquiring this derivative security since it was acquired pursuant to an employee benefit transaction under the Company's Omnibus Long Term Incentive Plan.
F4: Total number of shares received through the exercise of three separate option awards.
F5: Based on November 17th, 2014 opening price on the New York Stock Exchange for Curtiss-Wright Common Stock, the first market day after the restricted share units vested
F6: Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell shares the individual has reached his holding requirement. Reporting person remains at 180% of his holding requirement after this sale.
F7: 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.
F8: These shares were acquired through the exercise of three separate stock option awards provided to the Reporting Person under the Company's 2005 Long Term Incentive Plan.
F9: Reflects the market closing price as reported on the NYSE on the date of grant.