Johnson S. Daniel 4
4 · GENERAL DYNAMICS CORP · Filed Mar 8, 2018
Insider Transaction Report
Form 4
Johnson S. Daniel
Vice President
Transactions
- Award
Common Stock
2018-03-06+7,165→ 70,043 total - Tax Payment
Common Stock
2018-03-07$223.93/sh−3,232$723,742→ 66,811 total - Award
Common Stock
2018-03-07+3,485→ 70,296 total - Award
Stock Options
2018-03-07+41,530→ 41,530 totalExercise: $223.93Exp: 2028-03-06→ Common Stock (41,530 underlying)
Footnotes (4)
- [F1]Represents performance restricted stock units (PRSUs) originally granted in 2015. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PRSUs and dividend equivalents are settled in shares of common stock.
- [F2]Withholding of shares of Common Stock under General Dynamics Corporation 2012 Equity Compensation Plan to satisfy tax withholding obligations on release of PRSUs.
- [F3]Represents shares of restricted stock subject to service-based vesting that will be released three years after the grant date.
- [F4]Fifty percent become exercisable on 03/07/2020 and the remaining fifty percent become exercisable on 03/07/2021.