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GD General Dynamics Corporation

287.79
0.00 (0.00%)
Pre Market
Last Updated: 10:59:45
Delayed by 15 minutes
Share Name Share Symbol Market Type
General Dynamics Corporation NYSE:GD NYSE Common Stock
  Price Change % Change Share Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 287.79 4 10:59:45

Statement of Changes in Beneficial Ownership (4)

04/03/2021 7:47pm

Edgar (US Regulatory)


FORM 4 [ ] Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).         
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES
                                                                                  
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response...
0.5                       
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Deep Danny
2. Issuer Name and Ticker or Trading Symbol

GENERAL DYNAMICS CORP [ GD ]
5. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                    _____ 10% Owner
__X__ Officer (give title below)    _____ Other (specify below)
Vice President
(Last)          (First)          (Middle)

C/O GENERAL DYNAMICS CORPORATION, 11011 SUNSET HILLS ROAD
3. Date of Earliest Transaction (MM/DD/YYYY)

3/2/2021
(Street)

RESTON, VA 20190
(City)        (State)        (Zip)
4. If Amendment, Date Original Filed (MM/DD/YYYY)

 
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 Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Trans. Date 2A. Deemed Execution Date, if any 3. Trans. Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 3/2/2021  A(1)  568 A$0.00 10014.261 D  
Common Stock 3/2/2021  F(2)  305 D$167.68 9709.261 D  
Common Stock 3/3/2021  A(3)  2625 A$0.00 12334.261 D  
Common Stock         1594.979 (4)I By Retirement Plan 

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security3. Trans. Date3A. Deemed Execution Date, if any4. Trans. Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
6. Date Exercisable and Expiration Date7. Title and Amount of Securities Underlying Derivative Security
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4)11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Stock Options $168.56 3/3/2021  A   30750     (5)3/2/2031 Common Stock 30750 $0.00 30750 D  

Explanation of Responses:
(1) Represents performance stock units (PSUs) originally granted in 2018. Includes additional units issued upon achievement of the performance criteria, as well as accrued dividend equivalents. No further service-based vesting is required. The PSUs and dividend equivalents are settled in shares of common stock.
(2) Withholding of shares of Common Stock under General Dynamics Corporation equity compensation plan to satisfy tax withholding obligations on release of PSUs.
(3) Represents restricted stock units subject to service-based vesting that will be released three years after the grant date.
(4) Includes share activity under plan since date of reporting person's last ownership report.
(5) Fifty percent become exercisable on 03/03/2023 and the remaining fifty percent become exercisable on 03/03/2024.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director10% OwnerOfficerOther
Deep Danny
C/O GENERAL DYNAMICS CORPORATION
11011 SUNSET HILLS ROAD
RESTON, VA 20190


Vice President

Signatures
L. Neal Wheeler, by Power of Attorney3/4/2021
**Signature of Reporting PersonDate

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