TEXTRON INC — Director's Dealing 2008

Mar 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2008-03-01

Reporting Person: YATES RICHARD L (Sr. VP and Controller)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-01	Common Stock	A	4957	—	Acquired	52475	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2008-03-01	Employee Stock Option (Right to Buy)	$54.17	A	17283	Acquired	2018-02-28	Common Stock (17283)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3640.825	Indirect
Common Stock	191.042	Indirect

Footnotes

F1: The option vests in three equal annual installments, beginning on March 9, 2009.

F2: Issued pursuant to the Textron 2007 Long-Term Incentive Plan.