GENERAL DYNAMICS CORP — Director's Dealing 2017

Feb 1, 2017

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2017-01-31

Reporting Person: Gallopoulos Gregory S (Senior VP, Gen. Counsel, Sec.)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2017-01-31	Common Stock, $1.00 par value	M	39860	$71.01	Acquired	146533.653	Direct
2017-01-31	Common Stock, $1.00 par value	S	23155	$179.42	Disposed	123378.653	Direct
2017-01-31	Common Stock, $1.00 par value	S	16605	$180.767	Disposed	106773.653	Direct
2017-01-31	Common Stock, $1.00 par value	S	100	$181.20	Disposed	106673.653	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2017-01-31	Stock Options	$71.01	M	39860	Disposed	2019-03-06	Common Stock (39860)	Direct

Footnotes

F1: Sale prices ranged from $179.02 to $179.91. 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.

F2: Sale prices ranged from $180.16 to $181.13. 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 became exercisable on 03/07/2013 and the remaining fifty percent became exercisable on 03/07/2014.