TEXTRON INC — Director's Dealing 2010

Mar 3, 2010

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2010-03-01

Reporting Person: Connor Frank T (Executive VP and CFO)

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	83933	Acquired	2020-02-29	Common Stock (83933)	Direct
2010-03-01	Cash-Settled Restricted Stock Units	$0	A	31127	Acquired		Common Stock (31127)	Direct

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.