GENERAL DYNAMICS CORP — Director's Dealing 2020

Mar 6, 2020

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: GENERAL DYNAMICS CORP (GD)
CIK: 0000040533
Period of Report: 2020-03-04

Reporting Person: CROWN JAMES S (Director)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2020-03-04	Common Stock	A	485	—	Acquired	13960	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2020-03-04	Stock Options	$165.47	A	3210	Acquired	2030-03-03	Common Stock (3210)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	5424092	Indirect
Common Stock	2511144	Indirect
Common Stock	7291752	Indirect
Common Stock	301892	Indirect

Footnotes

F1: Reflects shares of restricted stock that vest three years after the grant date, subject to continued service conditions.

F2: Includes 1,265 shares of restricted stock.

F3: Owned by HCNI II LLC. The reporting person is a member of HCNI II LLC and is a manager of its Manager, HCC Manager LLC. The reporting person disclaims beneficial ownership of the shares of Common Stock held by HCNI II LLC except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.

F4: Owned by Areljay II LLC. The reporting person is a beneficiary of a trust that is a member of Areljay II LLC, and is a manager of its manager, HCC Manager LLC. The reporting person disclaims beneficial ownership of the shares of Common Stock held by Areljay II LLC except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.

F5: Owned by a partnership. The Crown Fund, of which the reporting person is a partner. The reporting person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.

F6: Owned by a partnership. Crown Fund II, of which the reporting person is a partner. The reporting person disclaims beneficial ownership of the shares of Common Stock held by this entity except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all the reported shares for purposes of Section 16 or for any other purpose.

F7: One half of the options becomes exercisable on March 4, 2022 and the remaining half becomes exercisable on March 4, 2023.