SEC Form 3
FORM 3 | UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
| 2. Date of Event Requiring Statement (Month/Day/Year) 04/01/2017 | 3. Issuer Name and Ticker or Trading Symbol GENERAL DYNAMICS CORP [ GD ] | |||||||||||||
4. Relationship of Reporting Person(s) to Issuer (Check all applicable)
| 5. If Amendment, Date of Original Filed (Month/Day/Year) | ||||||||||||||
6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common Stock | 94 | D | |
Common Stock | 2,545(1) | D | |
Common Stock | 1,333.083(2) | D | |
Common Stock | 1,051.99 | I | 401(k) Plan |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Stock Options | (3) | 03/04/2021 | Common Stock | 10,580 | 112.4 | D | |
Stock Options | (4) | 03/03/2025 | Common Stock | 5,560 | 136.78 | D | |
Stock Options | (5) | 03/01/2026 | Common Stock | 7,500 | 135.85 | D | |
Stock Options | (6) | 02/28/2027 | Common Stock | 8,240 | 191.71 | D |
Explanation of Responses: |
1. Represents shares of restricted stock subject to service-based vesting that will be released three years or approximately four years after the grant date, depending on the terms of the grant. |
2. Represents performance restricted stock units (PRSUs) and accrued dividend equivalents that have been earned based on satisfaction of the performance metric, which was returned on invested capital. The PRSUs are subject to additional time-vesting requirements. |
3. Fifty percent became exercisable on 03/05/2015 and the remaining fifty percent became exercisable on 03/05/2016. |
4. Fifty percent became exercisable on 03/04/2017 and the remaining fifty percent will become exercisable on 03/04/2018. |
5. Fifty percent will become exercisable on 03/02/2018 and the remaining fifty percent will become exercisable on 03/02/2019. |
6. Fifty percent will become exercisable 03/01/2019 and the remaining fifty percent will become exercisable 03/01/2020. |
Remarks: |
L. Neal Wheeler, by Power of Attorney | 04/04/2017 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |