TEXTRON INC — Director's Dealing 2007

Feb 15, 2007

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2007-02-13

Reporting Person: YATES RICHARD L (Senior VP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2007-02-13	Common Stock	M	8300	$62.9688	Acquired	25384	Direct
2007-02-13	Common Stock	S	6712	$97.10	Disposed	18672	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2007-02-13	Employee stock option (right to buy)	$62.9688	M	4150	Disposed	2007-12-10	Common Stock (4150)	Direct
2007-02-13	Employee stock option (right to buy)	$62.9688	M	4150	Disposed	2007-12-10	Common Stock (4150)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1666.033	Indirect
Common Stock	150.01	Indirect

Footnotes

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