TEXTRON INC - Director's Dealing 2013

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2013-03-01

Reporting Person: Johnson Cheryl H (Executive VP, Human Resources)

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2013-03-01	Common Stock	A	5176	—	Acquired	21567.68	Direct
2013-03-01	Common Stock	F	55	$28.47	Disposed	21512.68	Direct
2013-03-01	Common Stock	M	1213	—	Acquired	22725.68	Direct
2013-03-01	Common Stock	D	1213	$28.47	Disposed	21512.68	Direct

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2013-03-01	Employee Stock Option - Right to Buy	$28.47	A	14210	Acquired	2023-02-28	Common Stock (14210)	Direct
2013-03-01	Cash-Settled Restricted Stock Units	$0	M	594	Disposed		Common Stock (594)	Direct
2013-03-01	Cash-Settled Restricted Stock Units	$0	M	425	Disposed		Common Stock (425)	Direct
2013-03-01	Cash-Settled Restricted Stock Units	$0	M	194	Disposed		Common Stock (194)	Direct

Security	Shares	Ownership
Common Stock	1414.643	Indirect

F1: The option vests in three (3) equal annual installments, beginning on March 1, 2014.

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

F3: Each stock unit is valued based upon the value of one (1) share of Textron Inc. Common Stock.

F4: Payable in cash in two (2) equal annual installments, beginning on March 1, 2013.

F5: Payable in cash in three (3) equal annual installments, beginning on March 1, 2013.

F6: Payable in cash in four (4) equal annual installments, beginning on March 1, 2013.