GENERAL DYNAMICS CORP — Director's Dealing 2017

Feb 28, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2017-02-24

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-02-24	Common Stock, $1.00 par value	M	75000	$71.01	Acquired	436355.235	Direct
2017-02-24	Common Stock, $1.00 par value	F	52998	$189.59	Disposed	383357.235	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-02-24	Stock Options	$71.01	M	75000	Disposed	2019-03-06	Common Stock (75000)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock, $1.00 par value	4864.197	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 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.