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TEXTRON INC — Director's Dealing 2010
Mar 3, 2010
30438_dirs_2010-03-03_eb56ceab-8674-4de8-98ec-5b92127cb01d.zip
Director's Dealing
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SEC Form 4 — Statement of Changes in Beneficial Ownership
Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2010-03-01
Reporting Person: DONNELLY SCOTT C (Director, President & CEO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2010-03-01 | Common Stock | M | 40169 | — | Acquired | 179127 | Direct |
| 2010-03-01 | Common Stock | D | 40169 | $20.21 | Disposed | 138958 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2010-03-01 | Employee Stock Option (Right to Buy) | $20.21 | A | 235602 | Acquired | 2020-02-29 | Common Stock (235602) | Direct |
| 2010-03-01 | Cash-Settled Restricted Stock Units | $0 | A | 87374 | Acquired | Common Stock (87374) | Direct | |
| 2010-03-01 | Cash-Settled Restricted Stock Units | $0 | M | 17976 | Disposed | Common Stock (17976) | Direct | |
| 2010-03-01 | Cash-Settled Restricted Stock Units | $0 | M | 22193 | Disposed | Common Stock (22193) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 2085.223 | Indirect |
Footnotes
F1: The option vests in three (3) equal annual installments, beginning on March 1, 2011.
F2: Issued pursuant to the Textron 2007 Long-Term Incentive Plan.
F3: Each cash-settled restricted stock unit is valued upon vesting based upon the value of one (1) share of Textron Inc. Common Stock.
F4: Payable in cash in five (5) equal annual installments, beginning on March 1, 2011.
F5: Payable in cash in five (5) equal annual installments, beginning on March 1, 2010.
F6: Payable in cash in three (3) equal annual installments, beginning on March 1, 2010.