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ITT INC. — Director's Dealing 2019
Feb 28, 2019
30448_dirs_2019-02-28_9241399d-71e9-4b7f-8d1e-f2303c418f2a.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: ITT Inc. (ITT)
CIK: 0000216228
Period of Report: 2019-02-26
Reporting Person: Flynn Ryan F. (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2019-02-26 | Common Stock | M | 940 | — | Acquired | 940 | Direct |
| 2019-02-26 | Common Stock | D | 940 | $58.55 | Disposed | 0 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2019-02-26 | Restricted Stock Units (Cash-Settled) | $ | M | 940 | Disposed | Common Stock (940) | Direct |
Footnotes
F1: Reflects the vesting of shares of cash-settled restricted stock granted on February 26, 2018 under the ITT Corporation 2011 Omnibus Incentive Plan. Each cash-settled restricted stock unit represents the right to receive on the vesting date cash equal to the fair market value on the vesting date of one share of the Issuer's Common Stock.
F2: Reflects the cash settlement of shares of restricted stock in connection with the vesting of restricted stock units, as described in Note (1).
F3: The restricted stock units vested on February 26, 2019 and will be settled in cash based on the average of the high/low of the Issuer's Common Stock on February 26, 2019.