0001193125-11-057756.txt : 20110307 0001193125-11-057756.hdr.sgml : 20110307 20110307164431 ACCESSION NUMBER: 0001193125-11-057756 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20110301 ITEM INFORMATION: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers FILED AS OF DATE: 20110307 DATE AS OF CHANGE: 20110307 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL DYNAMICS CORP CENTRAL INDEX KEY: 0000040533 STANDARD INDUSTRIAL CLASSIFICATION: SHIP & BOAT BUILDING & REPAIRING [3730] IRS NUMBER: 131673581 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-03671 FILM NUMBER: 11669220 BUSINESS ADDRESS: STREET 1: 2941 FAIRVIEW PARK DRIVE STREET 2: SUITE 100 CITY: FALLS CHURCH STATE: VA ZIP: 22042-4513 BUSINESS PHONE: 7038763000 MAIL ADDRESS: STREET 1: 2941 FAIRVIEW PARK DRIVE STREET 2: SUITE 100 CITY: FALLS CHURCH STATE: VA ZIP: 22042-4513 8-K 1 d8k.htm FORM 8K Form 8K

 

 

LOGO

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 8-K

 

 

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) March 7, 2011 (March 1, 2011)

 

 

GENERAL DYNAMICS CORPORATION

(Exact Name of Registrant as Specified in Its Charter)

 

 

 

Delaware   1-3671   13-1673581

(State or Other Jurisdiction

of Incorporation)

  

(Commission

File Number)

  

(IRS Employer

Identification No.)

2941 Fairview Park Drive, Suite 100, Falls Church, Virginia   22042-4513
(Address of Principal Executive Offices)   (Zip Code)

(703) 876-3000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, If Changed Since Last Report.)

 

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

 

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

 

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d- 2(b))

 

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

 

 

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(e) Effective March 1, 2011, the Compensation Committee (the “Committee”) of the Board of Directors of the Company approved 2010 bonus payments to the Company’s named executive officers and certain other officers of the Company and its subsidiaries. The following bonus payments to the named executive officers were approved by the Committee:

 

Name and Principal Position

    2010 Bonus Amount  

Jay L. Johnson

Chairman and Chief Executive Officer

    $ 3,100,000   

L. Hugh Redd

Senior Vice President and Chief Financial Officer

    $ 950,000   

Gerard J. DeMuro

Executive Vice President,

Information Systems and Technology

    $ 950,000   

Charles M. Hall (1)

Former Executive Vice President,

Combat Systems

    $ 325,000   

 

(1) Mr. Hall retired from the Company effective May 1, 2010.

The other named executive officers identified in the Company’s 2010 proxy statement (Nicholas D. Chabraja and David A. Savner) were not eligible for 2010 bonuses due to their retirements from the Company in June 2009 and December 2009, respectively.

 

-2-

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

GENERAL DYNAMICS CORPORATION
    by  

  /s/ Jason W. Aiken

 

  Jason W. Aiken

  Vice President and Controller

  (Authorized Officer and Chief Accounting   Officer)

Dated: March 7, 2011

 

-3-

GRAPHIC 2 g157829txa_pg1.jpg GRAPHIC begin 644 g157829txa_pg1.jpg M_]C_X``02D9)1@`!`@``9`!D``#_[``11'5C:WD``0`$````9```_^X`#D%D M;V)E`&3``````?_;`(0``0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$!`0$! M`0$!`0$!`0$!`0$!`0("`@("`@("`@("`P,#`P,#`P,#`P$!`0$!`0$"`0$" M`@(!`@(#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,#`P,# M`P,#`P,#`P,#_\``$0@`$@%@`P$1``(1`0,1`?_$`(X```,``P`#`0`````` M``````@)"@8'"P`"!0,!`0`````````````````````0```%`P$#!P4,!P0* M`P````(#!`4&`0<("0`1"A(3%#8W.#DA,3)D-6&!(C-C-%5E%F9G.E%B(U-4 M%1=!<5*:P4*#PT2V1W>G&$AX&1$!`````````````````````/_:``P#`0`" M$0,1`#\`8;KM<21+L`+[-^$F%-M(C=O)WH+`9/Y%-43_`"".P!YF93>KAD&C M\-CBQH73.=/;:XD*3`U6EIT@%1!5"SSC!A)`4F/*?C/)&SMS^DP^LPVHW9*4 MO3(Y!&K$1IW3$J0T,*)<6.07O0O32K``5.4G5E%*"J^0P-!4K38-QV4R!XOI MQO+:5OO+B_8EGM`NN9!4EU'5O3X]B7MMN%,G:R9NN14;;X+G'I:2-#4F%='( M..H,-.0`8MP:AI?70UX]2[!_4_KACB*KL\HBS[#+*'0]EF=MFY_?%TTN:55) MT(;*)H+X0J!I46P?<%D9QH81"#7$['VM0UJ&NXG&VM M-]*[J[J_U[\M-@8+COE=KHVPP,U,;_ZDUL+66GNA8BP[M<7%DQB:;;.C*Y/D M:A,\?)&?(VR`7"EQ;DA0N;8;Q3NN0;;M3D@JBE MB)K8*`71A]O[BO"6S!:%F(D,D0N$B9H:^NS9)Q.L:',V1@7EHUU"Z`YPD=`" MJ:&@!!UJJX^(=K#9 M99LZ+V[)C[,D>@6JNI+N;J,K]F$8=_P]]`5'A+KG<2_ MJ*JK@H<.[>8\7?5VL2Q]9.RBH!;2'U8T\I.<0?K:ZB>E[*\)H;9 MM5:=BD5W\;_MQ>AMF5O$$PJFN>VN38U/Q+,I(?"DJ)N3KC3RZ%$C.*KR:5", M5-U=@Q>*9"<9/-HM&IG&[`XJKH]+H^S2=A6B!8E*)6S/[:F=FM4),JN^4I3B M/0JRQU+,`$8*UW"I2M*TV`:4W$K,%1Z6J84LDJ.',R) MCES/`)J^59B+B0B50:;2V&R1,U&I%?+0GIQC.,2FD5,(,W""%]#S*(]'8PZS M-^>$#-%6-A72AY?W,\"-L:8\V-YKJY/#@J.J`M*@0-I(SC3!UH$!8:UKNI38 M(");Q%6KOF]ESE;%M)*W-L)5CK8&$S>YC*&4VS+?92[6IMF44D<)VX.3R]-@ MA/\`<%?O.9V,LL*H83BTP`&&@,'4&X<.1KV2C5!07-L%E8I@S)EO;\2F;1>L M09S(LSW0M,:8E3."MO8AJ5J=-)($\*`$KRBCMYZ-60>$NE2U`J`;'$*Y]Y": M;>G]7(_&=;$4%R07KMQ!:FS:,%RUE%'Y.FDICH7_`"HU8A"%6(QL)Y!O+W@I M2M-WEWT#--!+-^^NH=IOVXR?R-5Q5;=*4SVZ\>=#X;'"XLQ5;8=-7%@9@D-! M:M:`H\*%*'G!\O\`:"\NZFP.9V#S8(X^)7UL\Y-+7(?'&VV*;K:U!&+H6:>Y MM)RI[;PF8K1OZ"<.#"08B6F.J`21)5O(!2I5`UIRZ5%O\NZ@:$8[9W$ADRF= MO)"XL)2C>8B.*/\`V@P%FC3U,"90#9U>M5+5WQ%A%K\^<(IQ9J_NFA?Z.P^= M1"8/EBTBB46E^V)9"EHA=R#6^1H',UC=PF!*2/%2$PRU1@T2BI:DLHQ0#<-- MS7OPSSGPTF63$XGD3L',,?8K+J(/EA-*:"VNMSBW'G)*2[70NW;$R9+ M8A;)*['(EMYKC+%S\SIVQUDA-*B9XNDI12<8$M/RS!T4*"PR?7RUQ-2C3*S) MM!BYCI+[7S)&_8ZVVD[VZ2^S+:[R.97+?)++(V[.B!`VO"5,UDOQS,G$G;4X M!@(&.H`"'OI78"1T">)%79W3MTQ`SPK"K;99*G=;2TC^RLBR&1B[H4XE9CM; MU2Q+3U1$9N?&*)A5)35.`%V3!$$L`5)`@G!\/6PUKL.XRU+++=D221B5W!O"_PF1B0/ICJD,2%&,;>50D-"J\T;00M]=^Z@5[2 MJ4QV#QB1327/"".Q2),;K)9,_NIX4K8R,#&@/H]*>VUKI#C;CK#)E=-L)E%L2WV6'V?M[0M"=,7-Q= MWQN-52J?*"C%K:Q$DA55+'TVEC,4K$Z9]@[NM`C1N,RV((;D?UOMS`Q'3:,%RUE%'I.AE)SH71J-6(0A5B-:B:@-Y> M\%*"IN^%OH$MF"?%2Z@R++7%UEU"TEHVO%#(`P@I5+&&V08@M;XQ)7EY@[+< M]J>VYY=>>9(Q/&8PAS),*^"F(4\J@1``+8+Q,QHVVN*N2!6.QT7;)2W!//$#R] M(!RJ\L5:4!]FO'KDYX:>EO=-F28[N]J4CGE#CDNN9=44PMP1)B5$K3LEK5X# MF$HQW249D%5$N6;R*5,INJ"G*^#Y08%GQKP-FG7IFXB9'SB,L5ULL,K[-V\D MD`MH6-7&(FZR5Q@L6D=PIJ_";@K53/"8PID16Y(2.BA60.NZM*!OYHR(XSX+&94H5K51YY1)?-%@*I6HQT`?TF27&3 M+4B5:GQ^Q-&0L2IU9`A/6,`1")4D@/*%4-;^4J&HBQTKNV`H\-KS\5?),H+$ MMN6%A\=F?%]=#HR4\[E5I MR0"\VP3L:U<%N_I@<0HQZA\_M*^W)L7)+[VJR0@+N:G-(C,R3QMHC"67V]2R M90F7-35,HNX,R@*9.HW&%`Z(HH7S(PBV!OFIIK%:'FK-CK:FULRSVR4Q1/B= MPFN[*@VW]B[EJ)B6Y$Q&31@^&R!0@8%K&H1$5DPSAC2JU!0STQ8@"$'R[!)I M'9+:N$ZL&+\&PZR\OSD=CB')#%JC#<2XYDP@S](5KG-X.=+6ISB2\UN,)1MK MV>H1@Y9%`J"04%7E!%OJ#!.*N(C:K71JFF,@&M.#ML;:C)7#O5`L9>^% M,MPK6W)F5D8W+XF_)@J43BW+(CHO; MMJ<5@"V%L6FI:DMZ^<,>F M;[.P>[IRYSD]\)E:U_/$Z6`?)I*W4"F!J&SH`Q!:RDHSW`H*I.FJ2HY(A!0M MQ96K6LB$8:-*'%YZ/7W-NN2QFY'*H4I/5/+%#G8XDN'V+2)FP(SQ/]R#C2%3 MBD!7GJ-5$Z>H!`7C#0%PZ6H]?[2?M-+K=8\:,B.3NER9*&4SFZ%R;=S1;<.3 M)R$9::.QMY(:1&YHWG+>F-2A2(LQ(L4 M`(#0HN@2PJXU_P#.>TNHOPZ-K\J+0KTO\LG&05CB9?%0+2ECI;BXJ!KEP)E; MY^Y%`&%N4>=!""6,8`45HQDJ04YHX%:AI[A\]>/3*P+TR;78Y9,WOD$*NW'9 M]=]_>8\W6HN7*TR1NE<\=7IC-"]1F,NC2H$J;%!9E0@-J,NHJA%2E:;!0787 MB/=)3):\UM;`V?R`D\BNA=N6-D)@S&JLS=ED3.DB>#!%($9[N\1)&UMQ9Q@= MW.GFEEAKYZTV!Z.PU\4>LE)60\QFW<)C[L078J\IX"'-FC38W+R0GD0PP@ZA2I,,/*`(0!;M]* MUINKL$Q7$@:PN/FK\NQ>Q3P,A-P;P&P>?NTK+G58,^M3],)?+&>D6;+>6_A* MUN!,5A/(K50M/-()`H/"0$HL5"A&5"YG2_PP6V/TH,7\,LF8HQRU>V6%)BUX MX!*42*0L(SYLK=I-)(([HE-%2!Q2L59&)M'Z1=1)N4#=\'<',]UH=.&VN#6K M*XX:V+E\B:[0WE5VED3&@<*#4&P)CO++!D`A9E0+0"E;+"5Z;G$`U0@'#)`4 M$VM305.&'4CT\M/+'/32QTC&/&.\83H4*).C73R>KDB4,VNS-@HRT[E.)NY$ MAY:IP6"#6B=,$5$C[`)Z232JX!E%02$W#U![V:B6PG9,'PE6>M>B6M[4$@A./Y"=M`,XU\ MG*I2G7NJ4`ZFU1=$3"#4*HT&P`-I?+.("THK-RJTV/>C"WR15<&4G2J?7)N- M;N9KY_+ZA341L3$[+&2Z#$W`C\71C.`B2%I2P@$I/&/E&&C%4$U7L0ZEFF9G M#"]2298<2/!!^E=['6=PF(-$=>8U9M6Y&\TY3VUC,!:]2,\F)RII6*RU+6H5 M#K1&K-HG#0!0>;"L+B$LW[/:A_#NVLRELLZIE+#.LA['ADLR,)?)$0\QES,$5O$$%%*>I2@NE2C@5J"[UVE\;G;PM^*%][7QNKMD;A M[6_4ZCI+2V`5/\XM&HNW,S[FP,L1!=5BPQM2I@/J`G>,5#V\THH/*5"W@JVY M6IIF5J\8NZ<>C[#F"1O\]B,R(ADJDG\Z.<3[X+FU2%CLTZR*2PXMO@%COI"8FVN(358;4VMO\@=WLI(4B53:< M+W*T2ZZY.G%I!YCV]C,@FELK.866ZMC=HE@;U3H*WQ4@A$$D,;F[N0DH: M4I1*UE2^93'$IZ&C#0T&P.!TY^*GTNF3#BPEO\AI#*\>+KVIMC"K82 M2#-UK)K+XJH-@L>;XT2_Q!Y@S"[-]&)[);`J0)CZ)U*01E2A`%0-#!@=;?Q4 M&BJYKT+:CR7EIBMQ6)4"4`K#WH+"-2L/+3$!$8.%!`6&IIE-XA5I0-/+7R;` M"/$M6@T:;]S^Q;)G#E=*=GYS3D,4P8FMI,;7 M!`@DB)::@K1YL&^,5N\_CC^7?[ M=K2]F?:+U\8>HGWP^C?7>;V!G/$#^([+?!C[*;4]]WMU]C*_:'W<^CODM^P) M,_RT^P4$Z2_A_:OOA&]AR+NR]B'4.Y_>:^Y_Z/4^F;`=O#$]G677AV]=[2^' MQ[!ZO3/M,^M_HWY+I&P%SQ$'A^__``;[:;=]_KLF^)?^K'XA?P_U=TS8%/:, M'<&U9/"I[+*]U#L4[*;J]X_[M?I^KNF;!-<5\6#\M3Z`?2]+S?V[!X;\6/\` M+5>@+T/3\W^K[NP4&Z^/QFG]X1W=%:.^CZ7I,?8E^''[K_9[!9+83L+LMU;[ M)K<]3>J'4]FZJ_=O^!]5Y&P0MY@>-M*?!7[W]L?G/?2ZP0_S_CU_@^LN3L'O M-O'56>"UW]V/M8[XO7QL]J?BQ]%>L]%V"_JGO^>OG_OV!%/$0>'J;W)NVNVO M?R['OBY![$^_W\)ZCTO8)C[;^$#DWX*_?/L1[([FW460];?QM_A?JSD;`KW_ M`"T^P'+IF>('B#X!O;G#>[QVV_.3.S/[V?POZ^P=*/8(S>)F[QV-_A5=B;YX M@77?KVX]1/NI^^];Y>P34U\U?RU'O>?WO=V"@'AZ>]DI\![V"\=TCO5>R5?9 MS]3?2OJG*V"X>GFIY_?\_O\`N[!$%K8>+K;OPC_8V-_>Q[SW6E1U?]5^@_E] M^P6^T\U/]'F][8(K]>+Q/,?O"BZAV7[XW>&[4'_J1]4?17UASNP6F$_%%>;X ML'F\WHT\WN;!S9[@>)A(OR]O?3+]E=K7;&E^:?B;_B^N.5L!6`\=ZG@Q=_S_ M`*@=]+K_`/\`'?C/]&^N]'V"_#8$)<1?W!VCN,=N\`[_`%V5>RI3U5^_W[GZ MNZ9L$V=O_!PR+\%;OP66]D]S3LY?^LWXW?N/JWF]@JXT3O"[LSW5_F]T>ZOW M;NO$IZO>I_2GK7/[!-EH>>*M'/!,]E7X[H'>&]B/74WY+Z2^JND;`=/$\]9, M1/#+ZOWB\0?VA\^@79?ZI])_*=&V#0^O?V>::GA-=VE;WSO8GL*UW8!]P_\` M'\ET+8*C+`>'_:'L+[I\0^([MO9:B_\`#'Z?J??L'.?OGVOW"_+#]97'JIU> M^?K[]@P&.=8X[^6W]OLWLKVE[23?,/6_W?Z^[8*">)![T]@O"4[N M#9W]NT+KM*.I7W%_=^M\_L$[O^6GV"D'ANN\C='P4.SU7W'^\M\[0_,/PY^E '/E^8V#__V3\_ ` end