TEXTRON INC — Director's Dealing 2014

Mar 4, 2014

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2014-03-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2014-03-01	Common Stock	A	4379	—	Acquired	25891.68	Direct
2014-03-01	Common Stock	M	1212	—	Acquired	27103.68	Direct
2014-03-01	Common Stock	D	1212	$39.70	Disposed	25891.68	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2014-03-01	Employee Stock Option - Right to Buy	$39.70	A	13731	Acquired	2024-02-29	Common Stock (13731)	Direct
2014-03-01	Cash-Settled Restricted Stock Units	$0	M	593	Disposed		Common Stock (593)	Direct
2014-03-01	Cash-Settled Restricted Stock Units	$0	M	425	Disposed		Common Stock (425)	Direct
2014-03-01	Cash-Settled Restricted Stock Units	$0	M	194	Disposed		Common Stock (194)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	1857.039	Indirect

Footnotes

F1: The option vests in three (3) equal annual installments, beginning on March 1, 2015.

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.