GENERAL DYNAMICS CORP — Director's Dealing 2016

Nov 15, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2016-11-10

Reporting Person: Whited Gary L (Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-11-10	Common Stock, $1.00 par value	A	40.357	$0.00	Acquired	27800.554	Direct
2016-11-11	Common Stock, $1.00 par value	M	7405	$71.01	Acquired	35205.554	Direct
2016-11-11	Common Stock, $1.00 par value	M	6715	$74.81	Acquired	41920.554	Direct
2016-11-11	Common Stock, $1.00 par value	S	10259	$167.956	Disposed	31661.554	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-11-11	Stock Options	$71.01	M	7405	Disposed	2019-03-06	Common Stock (7405)	Direct
2016-11-11	Stock Options	$74.81	M	6715	Disposed	2018-03-01	Common Stock (6715)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	678.025	Indirect

Footnotes

F1: Represents accrued dividend equivalents on previously earned PRSUs.

F2: Sale prices ranged from $167.94 to $168.03. 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: Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.

F4: Fifty percent became exercisable on 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.

F5: Fifty percent became exercisable on 03/02/2012 and the remaining fifty percent became exercisable on 03/02/2013.