Poitras Kevin J 4
4 · GENERAL DYNAMICS CORP · Filed May 4, 2012
Insider Transaction Report
Form 4
Poitras Kevin J
Vice President
Transactions
- Award
Common Stock, $1.00 par value
2012-05-02+870→ 8,370 total - Award
Common Stock, $1.00 par value
2012-05-02+870→ 7,500 total - Award
Stock Options
2012-05-02+9,250→ 9,250 totalExercise: $67.90Exp: 2019-05-01→ Common Stock (9,250 underlying)
Footnotes (2)
- [F1]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.
- [F2]Fifty percent will become exercisable 5/2/2013 and the remaining fifty percent will become exercisable 5/2/2014.