TEXTRON INC — Director's Dealing 2021

Feb 24, 2021

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: TEXTRON INC (TXT)
CIK: 0000217346
Period of Report: 2021-02-22

Reporting Person: Connor Frank T (Executive Vice President & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2021-02-22	Common Stock	M	91607	$27.76	Acquired	229963	Direct
2021-02-22	Common Stock	S	73868	$50.86	Disposed	156095	Direct
2021-02-22	Common Stock	S	17739	$51.48	Disposed	138356	Direct

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2021-02-22	Employee Stock Option - Right to Buy	$27.76	M	91607	Disposed	2022-03-01	Common Stock (91607)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	26437	Indirect
Common Stock	4988.476	Indirect

Footnotes

F1: The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.

F2: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $50.32 to $51.32, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth above.

F3: The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $51.33 to $51.67, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth above.

F4: The option vested in three (3) equal annual installlments, beginning on March 1, 2012.

F5: Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.