GENERAL DYNAMICS CORP — Director's Dealing 2015

May 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2015-05-04

Reporting Person: LOMBARDO JOSEPH T (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-05-04	Common Stock, $1.00 par value	M	87630	$71.01	Acquired	215029.105	Direct
2015-05-04	Common Stock, $1.00 par value	S	87630	$140.488	Disposed	127399.105	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-05-04	Stock Options	$71.01	M	87630	Disposed	2019-03-06	Common Stock (87630)	Direct

Footnotes

F1: Sale prices ranged from $140.25 to $140.83. 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: Fifty percent became exercisable on 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.