TEXTRON INC — Director's Dealing 2008

Jul 7, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2008-07-03

Reporting Person: DONNELLY SCOTT C (Executive VP and COO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-07-03	Common Stock	A	155893	—	Acquired	155893	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-07-03	Employee Stock Option - Right to Buy	$47.84	A	200000	Acquired	2018-07-02	Common Stock (200000)	Direct

Footnotes

F1: The option vests in five equal annual installments, beginning on August 1, 2010.

F2: Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan (amended and restated as of May 1, 2007).