GENERAL DYNAMICS CORP — Director's Dealing 2015

Mar 6, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2015-03-04

Reporting Person: NOVAKOVIC PHEBE N (Director, Chairman and CEO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-04	Common Stock, $1.00 par value	A	25065	$0.00	Acquired	368940.636	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2015-03-04	Stock Options	$136.78	A	248830	Acquired	2025-03-03	Common Stock (248830)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	4682.107	Indirect

Footnotes

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

F2: Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.

F3: Fifty percent become exercisable on 03/04/2017 and the remaining fifty percent become exercisable on 03/04/2018.