GENERAL DYNAMICS CORP — Director's Dealing 2016

May 31, 2016

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2016-05-27

Reporting Person: Aiken Jason W (Senior Vice President and CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2016-05-27	Common Stock, $1.00 par value	M	11945	$74.81	Acquired	58764.557	Direct
2016-05-27	Common Stock, $1.00 par value	F	9557	$143.00	Disposed	49207.557	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2016-05-27	Stock Options	$74.81	M	11945	Disposed	2018-03-01	Common Stock (11945)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	11.051	Indirect

Footnotes

F1: Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.

F2: Fifty percent became exercisable on 03/02/2012 and the remaining fifty percent became exercisable on 03/02/2013.