GENERAL DYNAMICS CORP — Director's Dealing 2019

Mar 7, 2019

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2019-03-05

Reporting Person: Kuryea Kimberly A (Senior Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2019-03-05	Common Stock	A	2053	$0.00	Acquired	42736	Direct
2019-03-05	Common Stock	F	926	$167.57	Disposed	41810	Direct
2019-03-06	Common Stock	A	3200	$0.00	Acquired	45010	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2019-03-06	Stock Options	$167.61	A	36980	Acquired	2029-03-05	Common Stock (36980)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1000	Indirect

Footnotes

F1: Represents performance restricted stock units (PRSUs) originally granted in 2016. 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: Fifty percent become exercisable on 03/06/2021 and the remaining fifty percent become exercisable on 03/06/2022.