General Dynamics (GD) Form 3 GENERAL DYNAMICS / David Paddock ownership change

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^*

Paddock David

(Last) (First) (Middle)

C/O GENERAL DYNAMICS CORPORATION

11011 SUNSET HILLS ROAD

(Street)

RESTON VA 20190

(City) (State) (Zip)

2. Date of Event Requiring Statement (Month/Day/Year)
04/01/2024

3. Issuer Name and Ticker or Trading Symbol
GENERAL DYNAMICS CORP [ GD ]

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	10% Owner
X	Officer (give title below)	Other (specify below)
Vice President

5. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
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	25,629(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
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	(2)	02/28/2027	Common Stock	5,400	191.71	D
Stock Options	(3)	03/06/2028	Common Stock	4,260	223.93	D
Stock Options	(4)	03/05/2029	Common Stock	6,170	167.61	D
Stock Options	(5)	09/02/2029	Common Stock	4,740	189	D
Stock Options	(6)	03/03/2030	Common Stock	25,070	165.47	D
Stock Options	(7)	03/02/2031	Common Stock	23,480	168.56	D
Stock Options	(8)	03/01/2032	Common Stock	18,480	232.9	D
Stock Options	(9)	03/07/2033	Common Stock	16,010	227.58	D
Stock Options	(10)	03/05/2034	Common Stock	14,280	274.51	D

Explanation of Responses:

1. Includes 1,540 shares of restricted stock units (RSUs), 1,675 shares of RSUs and 1,570 shares of RSUs, each of which are subject to service-based vesting and will release three years after the grant date. The RSUs are settled on a one-to-one basis in Common Stock.

2. Fifty percent became exercisable on 03/01/2019 and the remaining fifty percent became exercisable on 02/29/2020.

3. Fifty percent became exercisable on 03/07/2020 and the remaining fifty percent became exercisable on 03/07/2021.

4. Fifty percent became exercisable on 03/06/2021 and the remaining fifty percent became exercisable on 03/06/2022.

5. Fifty percent became exercisable on 09/03/2021 and the remaining fifty percent became exercisable on 09/03/2022.

6. Fifty percent became exercisable on 03/04/2022 and the remaining fifty percent became exercisable on 03/04/2023.

7. Fifty percent became exercisable on 03/03/2023 and the remaining fifty percent became exercisable on 03/03/2024.

8. Fifty percent became exercisable on 03/02/2024 and the remaining fifty percent will become exercisable on 03/02/2025.

9. Fifty percent will become exercisable on 03/08/2025 and the remaining fifty percent will become exercisable on 03/08/2026.

10. Fifty percent will become exercisable on 03/06/2026 and the remaining fifty percent will become exercisable on 03/06/2027.

Remarks:

	Tracy Lundquist, by Power of Attorney	04/05/2024
	** 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).
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