Kevin Rayment - 15 Feb 2023 Form 4 Insider Report for CURTISS WRIGHT CORP (CW)

Role
Vice President and COO
Signature
Paul J. Ferdenzi by Power of Attorney for Kevin Rayment
Issuer symbol
CW
Transactions as of
15 Feb 2023
Transactions value $
$464,486
Form type
4
Filing time
16 Feb 2023, 11:23:14 UTC
Previous filing
17 Mar 2022
Next filing
22 Mar 2023
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction CW Common Stock Award $761K +4.47K +35.94% $170.30 16.9K 15 Feb 2023 Direct F1, F2
transaction CW Common Stock Sale -$297K -1.75K -10.36% $169.38 15.2K 15 Feb 2023 Direct F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These shares were acquired through a performance share grant under the Company's 2014 Long Term Incentive Plan, whereby the executive received a predetermined number of shares of Curtiss-Wright Common Stock based on the Company's three year total shareholder return against the performance of its peer group.
F2 Based on February 14, 2023 closing price on the New York Stock Exchange for Curtiss-Wright Common Stock, the date on which the shares vested.
F3 Shares were sold in compliance with the Company's share ownership guidelines whereby the executive may sell one half of the vested shares to pay individual income tax obligations associated with the vesting of the award.