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ITT INC. — Director's Dealing 2023
Mar 7, 2023
30448_dirs_2023-03-07_ba36a92f-f264-460a-b9e6-9a2f103af698.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: 2023-03-03
Reporting Person: Flynn Ryan F. (SVP & President, CCT)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2023-03-03 | Common Stock | A | 1920 | $0.00 | Acquired | 19032 | Direct |
| 2023-03-04 | Common Stock | A | 1968 | $0.00 | Acquired | 21000 | Direct |
| 2023-03-04 | Common Stock | F | 1023 | $93.10 | Disposed | 19977 | Direct |
| 2023-03-04 | Common Stock | F | 1233 | $93.10 | Disposed | 18744 | Direct |
Footnotes
F1: Reflects an award of restricted stock units, all of which are scheduled to vest on March 3, 2026.
F2: Acquired upon the settlement of performance units granted on March 4, 2020 under the ITT Inc. 2011 Omnibus Incentive Plan (the "Plan") as a result of the satisfaction of the performance criteria underlying the award.
F3: Reflects the withholding of shares of common stock to pay the tax liability incident to the settlement of performance units on March 4, 2023, as described in footnote (2) above. The number of shares withheld was determined on March 6, 2023 based on the average of the high/low price of the issuer's common stock on March 6, 2023.
F4: Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting on March 4, 2023 of restricted stock units granted under the Plan. The number of shares withheld was determined on March 6, 2023 based on the average of the high/low price of the issuer's common stock on March 6, 2023.