JOHNSON JAY L 4
4 · GENERAL DYNAMICS CORP · Filed Mar 28, 2012
Insider Transaction Report
Form 4
JOHNSON JAY L
DirectorVice Chairman
Transactions
- Exercise/Conversion
Stock Options
2012-03-26−507,664→ 338,442 totalExercise: $40.09Exp: 2014-03-03→ Common Stock (507,664 underlying) - Sale
Common Stock, $1.00 par value
2012-03-26$73.84/sh−373,513$27,581,320→ 419,342 total - Exercise/Conversion
Common Stock, $1.00 par value
2012-03-26$40.09/sh+507,664$20,352,250→ 792,855 total
Holdings
- 768.14(indirect: By 401(k))
Common Stock, $1.00 par value
Footnotes (4)
- [F1]Reflects shares sold primarily to cover exercise price, taxes and other costs in connection with an option exercise. As a result of the option exercise, the number of shares held by the Reporting Person increased by 134,151 shares.
- [F2]Sale prices ranged from $73.76 to $74.13. 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]Includes share activity under General Dynamics 401(k) plan since date of reporting person's last ownership report.
- [F4]Fifty percent became exercisable 3/4/10 and the remaining fifty percent became exercisable 3/4/11.