GENERAL DYNAMICS CORP — Director's Dealing 2018

Mar 8, 2018

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2018-03-06

Reporting Person: Moss William A (Vice President and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2018-03-06	Common Stock	A	895	$0.00	Acquired	3943	Direct
2018-03-07	Common Stock	F	404	$223.93	Disposed	3539	Direct
2018-03-07	Common Stock	A	735	$0.00	Acquired	4274	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2018-03-07	Stock Options	$223.93	A	8780	Acquired	2028-03-06	Common Stock (8780)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1069.521	Indirect

Footnotes

F1: Represents performance restricted stock units (PRSUs) originally granted in 2015. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PRSUs and dividend equivalents are settled in shares of common stock.

F2: Withholding of shares of Common Stock under General Dynamics Corporation 2012 Equity Compensation Plan to satisfy tax withholding obligations on release of PRSUs.

F3: Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.

F4: Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.

F5: Fifty percent become exercisable on 03/07/2020 and the remaining fifty percent become exercisable on 03/07/2021.