GENERAL DYNAMICS CORP — Director's Dealing 2015

Jul 6, 2015

SEC Form 3 — Initial Statement of Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2015-07-01

Reporting Person: Burns Mark Lagrand (Vice President)

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	5899	Direct
Common Stock, $1.00 par value	6170	Direct
Common Stock, $1.00 par value	5405.05	Direct
Common Stock, $1.00 par value	996.012	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Stock Options	$71.01	2019-03-06	Common Stock (9345)		Direct
Stock Options	$67.70	2020-03-05	Common Stock (28520)		Direct
Stock Options	$112.40	2021-03-04	Common Stock (22410)		Direct
Stock Options	$136.78	2025-03-03	Common Stock (11730)		Direct

Footnotes

F1: Represents shares of restricted stock subject to service-based vesting that will be released approximately four years after the grant date.

F2: Represents performance restricted stock units (PRSUs) and accrued dividend equivalents that have been earned based on satisfaction of the performance metric, which was return on invested capital. The PRSUs are subject to additional time-vesting requirements.

F3: Fifty percent became exercisable on 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.

F4: Fifty percent became exercisable on 03/06/2014 and the remaining fifty percent became exercisable on 03/06/2015.

F5: Fifty percent became exercisable on 03/05/2015 and the remaining fifty percent will become exercisable on 03/05/2016.

F6: Fifty percent will become exercisable on 03/04/2017 and the remaining fifty percent will become exercisable on 03/04/2018.