GENERAL DYNAMICS CORP — Director's Dealing 2017

Mar 3, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2017-03-01

Reporting Person: CASEY JOHN PATRICK (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-03-01	Common Stock, $1.00 par value	A	4200	$0.00	Acquired	121108.012	Direct
2017-03-01	Common Stock, $1.00 par value	M	34950	$67.70	Acquired	156058.012	Direct
2017-03-01	Common Stock, $1.00 par value	S	46722	$192.215	Disposed	109336.012	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-03-01	Stock Options	$191.71	A	48650	Acquired	2027-02-28	Common Stock (48650)	Direct
2017-03-01	Stock Options	$67.70	M	34950	Disposed	2020-03-05	Common Stock (34950)	Direct

Footnotes

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

F2: Sale prices ranged from $192.03 to $192.61. 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: Fifty percent become exercisable on 03/01/2019 and the remaining fifty percent become exercisable on 03/01/2020.

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