TEXTRON INC — Director's Dealing 2010

Nov 19, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2010-11-18

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2010-11-18	Common Stock	M	6976	$5.65	Acquired	21819.7477	Direct
2010-11-18	Common Stock	F	6976	$21.3706	Disposed	14843.7477	Direct
2010-11-18	Common Stock	S	4132.8455	$21.4201	Disposed	10710.9022	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2010-11-18	Employee Stock Option (Right to Buy)	$5.65	M	6976	Disposed	2019-02-28	Common Stock (6976)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	6008.909	Indirect
Common Stock	197.644	Indirect

Footnotes

F1: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $21.37 to $21.3715 inclusive.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $20.42 to $21.422 inclusive.

F3: The option vests in three (3) equal annual installments, beginning on March 1, 2010.

F4: Issued pursuant to the Textron 2007 Long-Term Incentive Plan.