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CURTISS WRIGHT CORP — Director's Dealing 2016
Nov 16, 2016
30293_dirs_2016-11-16_abf4edaa-9e10-44f2-ac32-6256c905bd3a.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: 2016-11-14
Reporting Person: Jakubowitz Harry (VP & Treasurer)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2016-11-14 | Common Stock | M | 1022 | $97.41 | Acquired | 16572 | Direct |
| 2016-11-15 | Common Stock | S | 488 | $97.16 | Disposed | 16084 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2016-11-14 | Restricted Stock Unit | $97.41 | M | 1022 | Disposed | 2016-11-14 | Common Stock (1022) | 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 14, 2016 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the first trading day after the restricted 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.
F4: Weighted average selling price of shares sold on November 15, 2016.
F5: No price on the date of issue, stock unit award having been granted as an employee benefit transaction