Phebe N. Novakovic - Jan 26, 2024 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
Jan 26, 2024
Transactions value $
-$15,616,383
Form type
4
Date filed
1/30/2024, 03:38 PM
Previous filing
Jan 18, 2024
Next filing
Mar 6, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction GD Common Stock Options Exercise $40.6M +212K +27.34% $191.71 986K Jan 26, 2024 Direct
transaction GD Common Stock Tax liability -$47.6M -179K -18.19% $265.72 806K Jan 26, 2024 Direct
transaction GD Common Stock Sale -$8.53M -32.3K -4% $264.31 774K Jan 29, 2024 Direct F1
transaction GD Common Stock Sale -$26.5K -100 -0.01% $265.03 774K Jan 29, 2024 Direct
holding GD Common Stock 30K Jan 26, 2024 By LLC F2
holding GD Common Stock 5.65K Jan 26, 2024 401(k) Plan F3

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 -212K -100% $0.00* 0 Jan 26, 2024 Common Stock 212K $191.71 Direct F4
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Sale prices ranged from $264.00 to $264.985. 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 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.
F3 Includes share activity under General Dynamics 401(k) plan since date of Reporting Person's last ownership report.
F4 Fifty percent became exercisable on 03/01/2019 and the remaining fifty percent became exercisable on 03/01/2020.