Phebe N. Novakovic - Aug 8, 2022 Form 4 Insider Report for GENERAL DYNAMICS CORP (GD)

Role
Chairman and CEO, Director
Signature
Nicholas R. Barnaby, by Power of Attorney
Stock symbol
GD
Transactions as of
Aug 8, 2022
Transactions value $
-$29,660,546
Form type
4
Date filed
8/10/2022, 03:49 PM
Previous filing
Jul 1, 2022
Next filing
Oct 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GD Common Stock Options Exercise $43.5M +320K +41% $135.85 1.1M Aug 8, 2022 Direct
transaction GD Common Stock Tax liability -$56.9M -249K -22.59% $228.87 853K Aug 8, 2022 Direct
transaction GD Common Stock Sale -$9.51M -41.9K -4.92% $226.73 811K Aug 9, 2022 Direct F1
transaction GD Common Stock Sale -$6.65M -29.2K -3.61% $227.49 781K Aug 9, 2022 Direct F2
transaction GD Common Stock Sale -$68.4K -300 -0.04% $228.15 781K Aug 9, 2022 Direct F3
holding GD Common Stock 30K Aug 8, 2022 By LLC F4
holding GD Common Stock 5.5K Aug 8, 2022 401(k) Plan F5

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GD Stock Options Options Exercise $0 -320K -100% $0.00* 0 Aug 8, 2022 Common Stock 320K $135.85 Direct F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale prices ranged from $226.13 to $227.12. 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 $227.13 to $228.12. 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 Sale prices ranged from $228.13 to $228.17. 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.
F4 Represents shares held by a limited liability company for which the Reporting Person serves as manager and the members of which are trusts for the benefit of the Reporting Person's children.
F5 Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.
F6 Fifty percent became exercisable on 03/02/2018 and the remaining fifty percent became exercisable on 03/02/2019.