TEXTRON INC — Director's Dealing 2007

Oct 23, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2007-10-19

Reporting Person: HOWELL MARY L (Executive VP)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-10-19	Common Stock	M	3176	$31.4844	Acquired	65586	Direct
2007-10-19	Common Stock	S	100	$67.02	Disposed	65486	Direct
2007-10-19	Common Stock	S	7384	$67.70	Disposed	58102	Direct
2007-10-19	Common Stock	S	700	$66.72	Disposed	57402	Direct
2007-10-19	Common Stock	S	600	$66.59	Disposed	56802	Direct
2007-10-19	Common Stock	S	500	$66.52	Disposed	56302	Direct
2007-10-19	Common Stock	S	100	$66.58	Disposed	56202	Direct
2007-10-19	Common Stock	S	2900	$66.85	Disposed	53302	Direct
2007-10-19	Common Stock	S	1500	$67.00	Disposed	51802	Direct
2007-10-19	Common Stock	S	100	$67.05	Disposed	51702	Direct
2007-10-19	Common Stock	S	100	$67.08	Disposed	51602	Direct
2007-10-19	Common Stock	S	100	$67.07	Disposed	51502	Direct
2007-10-19	Common Stock	S	100	$67.01	Disposed	51402	Direct
2007-10-19	Common Stock	S	100	$67.04	Disposed	51302	Direct
2007-10-19	Common Stock	S	100	$67.06	Disposed	51202	Direct
2007-10-19	Common Stock	S	100	$66.86	Disposed	51102	Direct
2007-10-19	Common Stock	S	400	$66.80	Disposed	50702	Direct
2007-10-19	Common Stock	S	484	$66.83	Disposed	50218	Direct
2007-10-19	Common Stock	S	6800	$66.50	Disposed	43418	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-10-19	Employee Stock Option - Right to Buy	$31.4844	M	3176	Disposed	2007-12-10	Common Stock (3176)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	8853.873	Indirect
Common Stock	544	Indirect

Footnotes

F1: Issued pursuant to the Textron 1994 Long-Term Incentive Plan.