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TEXTRON INC — Director's Dealing 2015
Mar 3, 2015
30438_dirs_2015-03-03_14c51566-7951-4551-8305-52243066d6ad.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: 2015-03-01
Reporting Person: Connor Frank T (Executive VP and CFO)
Non-Derivative Transactions
| Date | Security | Code | Shares | Price | A/D | Holdings After | Ownership |
|---|---|---|---|---|---|---|---|
| 2015-03-01 | Common Stock | A | 18238 | — | Acquired | 117122 | Direct |
| 2015-03-01 | Common Stock | F | 5294 | $44.31 | Disposed | 111828 | Direct |
| 2015-03-01 | Common Stock | M | 6225 | — | Acquired | 118053 | Direct |
| 2015-03-01 | Common Stock | D | 6225 | $44.31 | Disposed | 111828 | Direct |
Derivative Transactions
| Date | Security | Exercise Price | Code | Shares | A/D | Expiration | Underlying | Ownership |
|---|---|---|---|---|---|---|---|---|
| 2015-03-01 | Employee Stock Option (Right to Buy) | $44.31 | A | 56705 | Acquired | 2025-02-28 | Common Stock (56705) | Direct |
| 2015-03-01 | Cash-Settled Restricted Stock Units | $0 | M | 6225 | Disposed | Common Stock (6225) | Direct |
Holdings (Non-Derivative)
| Security | Shares | Ownership |
|---|---|---|
| Common Stock | 3102.495 | Indirect |
Footnotes
F1: The option vests in three (3) equal annual installments, beginning on March 1, 2016.
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.
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