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UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940 |
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Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | |||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number. | SEC 1474 (9-02) |
1. Title of Derivative Security (Instr. 3) |
2. Conversion or Exercise Price of Derivative Security | 3. Transaction Date (Month/Day/Year) | 3A. Deemed Execution Date, if any (Month/Day/Year) | 4. Transaction Code (Instr. 8) |
5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) |
6. Date Exercisable and Expiration Date (Month/Day/Year) |
7. Title and Amount of Underlying Securities (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) |
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Code | V | (A) | (D) | Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||||||
Option to Purchase Common Stock | $ 27.92 | 11/17/2014 | M | 3,808 | 11/14/2006 | 11/14/2015 | Common Stock | 3,808 | $ 0 (3) | 119,074 | D | ||||
Option to Purchase Common Stock | $ 36.73 | 11/17/2014 | M | 11,137 | 11/19/2007 | 11/19/2016 | Common Stock | 11,137 | $ 0 (3) | 107,937 | D | ||||
Option to Purchase Common Stock | $ 54 | 11/17/2014 | M | 11,423 | 11/16/2008 | 11/16/2017 | Common Stock | 11,423 | $ 0 (3) | 85,091 | D | ||||
Restricted Stock Unit | $ 32.97 (9) | 11/17/2014 | M | 12,669 | 11/15/2012 | 11/15/2014 | Common Stock | 12,669 | $ 0 (3) | 79,501.48 | D |
Reporting Owner Name / Address | Relationships | |||
Director | 10% Owner | Officer | Other | |
Adams David Charles C/O CURTISS-WRIGHT CORPORATION 10 WATERVIEW BOULEVARD PARSIPPANY, NJ 07054 |
X | President & CEO |
Paul J. Ferdenzi by Power of Attorney for David Adams | 11/18/2014 | |
**Signature of Reporting Person | Date |
* | If the form is filed by more than one reporting person, see Instruction 4(b)(v). |
** | Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). |
(1) | Price reflects the weighted average exercise price of the options exercised on November 17, 2014. Reporting person received an award for 3808 shares in 2005 at an exercise price of $27.92, and an award for 11137 shares in 2006 at an exercise price of $36.73, and an award for 11423 in 2007 at an exercise price of $54.00. |
(2) | Weighted average selling price of shares sold on November 17, 2014. |
(3) | There is no price associated with acquiring this derivative security since it was acquired pursuant to an employee benefit transaction under the Company's Omnibus Long Term Incentive Plan. |
(4) | Total number of shares received through the exercise of three separate option awards. |
(5) | Based on November 17th, 2014 opening price on the New York Stock Exchange for Curtiss-Wright Common Stock, the first market day after the restricted share units vested |
(6) | Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell shares the individual has reached his holding requirement. Reporting person remains at 180% of his holding requirement after this sale. |
(7) | These shares were acquired through a restricted share unit grant under the Company's 2005 Long Term Incentive Plan, whereby units vested in common stock shares of Curtiss-Wright Common Stock after a three year vesting period. |
(8) | These shares were acquired through the exercise of three separate stock option awards provided to the Reporting Person under the Company's 2005 Long Term Incentive Plan. |
(9) | Reflects the market closing price as reported on the NYSE on the date of grant. |