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ITT INC. — Director's Dealing 2022
Mar 8, 2022
30448_dirs_2022-03-08_37f30637-90fb-423c-9b1a-97af16d01cd2.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: 2022-03-04
Reporting Person: Ghirardo Carlo (See Remarks)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2022-03-04 | Common Stock | A | 5425 | $0.00 | Acquired | 18381 | Direct |
| 2022-03-04 | Common Stock | F | 2557 | $81.61 | Disposed | 15824 | Direct |
| 2022-03-04 | Common Stock | F | 1294 | $81.61 | Disposed | 14530 | Direct |
| 2022-03-04 | Common Stock | A | 2005 | $0.00 | Acquired | 16535 | Direct |
Footnotes
F1: Acquired upon the settlement of performance units granted on March 4, 2019 under the ITT Inc. 2011 Omnibus Incentive Plan (the "Plan") as a result of the satisfaction of the performance criteria underlying the award.
F2: Includes 30 shares under a dividend reinvestment plan.
F3: Reflects the withholding of shares of common stock to pay the tax liability incident to the settlement of performance units on March 4, 2022, as described in footnote (1) above. The number of shares withheld was determined on March 4, 2022 based on the average of the high/low price of the issuer's common stock on March 4, 2022.
F4: Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting on March 4, 2022 of restricted stock units granted under the Plan. The number of shares withheld was determined on March 4, 2022 based on the average of the high/low price of the issuer's common stock on March 4, 2022.
F5: Reflects an award of restricted stock units, all of which are scheduled to vest on March 4, 2025.