TEXTRON INC — Director's Dealing 2015

Mar 3, 2015

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2015-03-01

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

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2015-03-01	Common Stock	A	4533	—	Acquired	30424.68	Direct
2015-03-01	Common Stock	M	1132	—	Acquired	31556.68	Direct
2015-03-01	Common Stock	D	1132	$44.31	Disposed	30424.68	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	14093	Acquired	2025-02-28	Common Stock (14093)	Direct
2015-03-01	Cash-Settled Restricted Stock Units	$0	M	424	Disposed		Common Stock (424)	Direct
2015-03-01	Cash-Settled Restricted Stock Units	$0	M	194	Disposed		Common Stock (194)	Direct
2015-03-01	Cash-Settled Restricted Stock Units	$0	M	514	Disposed		Common Stock (514)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	2202.219	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 stock unit is valued based upon the value of one (1) share of Textron Inc. Common Stock.

F4: Payable in cash in three (3) equal annual installments, beginning on March 1, 2013.

F5: Payable in cash in four (4) equal annual installments, beginning on March 1, 2013.

F6: Payable in cash in three (3) equal annual installments, beginning on March 1, 2015.