TEXTRON INC — Director's Dealing 2007

Mar 5, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2007-02-12

Reporting Person: BUTLER JOHN D (Executive Vice President)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-12	Common Stock	F	614	$96.285	Disposed	16440	Direct
2007-03-01	Common Stock	A	5205	—	Acquired	21645	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-03-01	Employee Stock Option (Right to Buy)	$91.70	A	21373	Acquired	2017-02-28	Common Stock (21373)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3281.222	Indirect

Footnotes

F1: These shares were included on Reporting Person's Form 4 filed on February 20, 2007.

F2: The option vests in three equal annual installments, beginning on March 1, 2008.

F3: Shares issued pursuant to the Textron 1999 Long-Term Incentive Plan.