DEMURO GERARD J 4
4 · GENERAL DYNAMICS CORP · Filed Mar 9, 2012
Insider Transaction Report
Form 4
DEMURO GERARD J
Executive Vice President
Transactions
- Award
Common Stock, $1.00 par value
2012-03-07+9,630→ 155,780 total - Award
Common Stock, $1.00 par value
2012-03-07+9,630→ 165,410 total - Award
Stock Options
2012-03-07+102,950→ 102,950 totalExercise: $71.01Exp: 2019-03-06→ Common Stock (102,950 underlying)
Holdings
- 5,615(indirect: By Spouse)
Common Stock, $1.00 par value
- 4,957.923(indirect: By 401(k))
Common Stock, $1.00 par value
Footnotes (4)
- [F1]Represents shares of restricted stock subject to service-based vesting that will be released approximately four years after the grant date.
- [F2]Represents a target number of restricted stock units ("RSUs") each of which entitles the Reporting Person to receive one share of General Dynamics common stock. The number of RSUs ultimately earned by the Reporting Person will be determined based on a performance metric tied to return on invested capital during the year of grant, and may range from 0% to 200% of the target amount. Following the performance period, the earned RSUs are subject to an additional three year time-vesting period.
- [F3]Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.
- [F4]Fifty percent become exercisable on 3/7/2013 and the remaining fifty percent become exercisable on 3/7/2014.