TEXTRON INC — Director's Dealing 2007

Dec 4, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2000-12-31

Reporting Person: Bohlen Kenneth C (Executive Vice President)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2000-12-31	Phantom Stock	$	A	179.503	Acquired		Common Stock (179.503)	Direct
2001-12-31	Phantom Stock	$	A	229.587	Acquired		Common Stock (229.587)	Direct
2002-12-31	Phantom Stock	$	A	222.003	Acquired		Common Stock (222.003)	Direct
2003-12-31	Phantom Stock	$	A	97.71	Acquired		Common Stock (97.71)	Direct
2006-12-31	Phantom Stock	$	A	43.866	Acquired		Common Stock (43.866)	Direct
2007-07-31	Phantom Stock	$	A	64.324	Acquired		Common Stock (64.324)	Direct

Footnotes

F1: Each share of phantom stock is valued based upon the value of one (1) share of Textron Inc. Common Stock.

F2: Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc.

F3: Price per share ranges from $45.26 to $66.49.

F4: Acquired pursuant to the Supplemental Savings Plan for Textron Key Executives; total includes phantom shares acquired in dividend reinvestment transactions not required to be reported.

F5: Price per share ranges from $34.98 to $57.77.

F6: Monthly contributions made during FY2002 as follows: 121.448 shares between 1-1-02 and 7-31-02 at prices ranging from $40.07 to $50.71 per share; 20.292 shares on 8-31-02 @ $39.03/share; 21.788 shares on 9-30-02 @ $36.35/share; 21.041 shares on 10-31-02 @ $37.64/share; 18.64 shares on 11-30-02 @ $42.49/share; and 18.794 shares on 12-31-02 @ $42.14/share.

F7: Monthly contributions made during FY2003 as follows: 20 shares on 1-31-03 @ $42.05/share; 22.445 shares on 2-28-03 @ $37.47/share; 26.572 shares on 3-31-03 @ $31.65/share; and 28.693 shares on 4-30-03 at $29.31/share.

F8: Monthly contributions made during FY2006 as follows: 10.556 shares on 9-30-06 @ $83.80/share; 9.822 shares on 10-31-06 @ $90.06/share; 9.526 shares on 11-30-06 @ $92.87/share; and 13.962 shares on 12-31-06 @ $95.04/share.

F9: Acquired pursuant to the Supplemental Savings Plan for Textron Key Executives; total includes phantom shares acquired in dividend reinvestment transactions not required to be reported, and phantom shares acquired from contributions made between May 2002 and August 2006 when Reporting Person was not subject to the filing requirements of Section 16.

F10: Monthly contributions made between January and July 2007 as follows: 9.126 shares on 1-31-07 @ $94.83/share; 9.036 shares on 2-28-07 @ $95.76/share; 9.572 shares on 3-31-07 @ $90.40/share; 8.948 shares on 4-30-07 @ $96.72/share; 8.288 shares on 5-31-07 @ $104.42/share; 11.916 shares on 6-30-07 @ $108.94/share; and 7.438 shares on 7-31-07 @ $116.36/share.