GENERAL DYNAMICS CORP — Director's Dealing 2013

May 7, 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2013-05-03

Reporting Person: CHABRAJA NICHOLAS D (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-05-03	Common Stock, $1.00 par value	M	17800	$56.20	Acquired	610634	Direct
2013-05-03	Common Stock, $1.00 par value	S	17800	$75.291	Disposed	592834	Direct
2013-05-03	Common Stock, $1.00 par value	S	48475	$74.7883	Disposed	544359	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-05-03	Stock Options	$56.20	M	17800	Disposed	2014-08-04	Common Stock (17800)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	359700	Indirect

Footnotes

F1: Sale prices ranged from $75.280 to $75.330. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.

F2: Sales prices ranged from $74.530 to $75.034. Reporting Person will provide, upon request by the Commission staff, General Dynamics, or a General Dynamics shareholder, full information regarding the number of shares sold at each separate sales price.

F3: Fifty percent became exercisable on 8/5/2010 and the remaining fifty percent became exercisable on 8/5/2011.