SEC Form 4 · accession 0000899243-16-015814
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise L Ramos
Officer — CEO and President
Period of report
Mar 9, 2016
Accepted (ET)
Mar 11, 2016 · 6:19 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000216228
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 9, 2016 | M | 74,685 | $20.28 | A | 289,103 | D | |
| Common StockF1 | Mar 9, 2016 | S | 74,685 | $35.7928 | D | 214,418 | D | |
| Common Stock | Mar 10, 2016 | M | 903 | $20.28 | A | 215,321 | D | |
| Common StockF2 | Mar 10, 2016 | S | 903 | $35.7566 | D | 214,418 | D | |
| Common Stock | Mar 11, 2016 | M | 77,006 | $20.28 | A | 291,424 | D | |
| Common StockF3 | Mar 11, 2016 | S | 77,006 | $36.0176 | D | 214,418 | D |
Table II — derivative securities
| Security | Conv. / exercise price | Date | Code | Shares | A/D | Exercisable | Expires | Underlying | Underlying shares | Owned after | D/I |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Employee Stock Option (Right to Buy)F4 | $20.28 | Mar 9, 2016 | M | 74,685 | D | — | Nov 7, 2021 | Common Stock | 74,685 | 227,909 | D |
| Employee Stock Option (Right to Buy)F4 | $20.28 | Mar 10, 2016 | M | 903 | D | — | Nov 7, 2021 | Common Stock | 903 | 227,006 | D |
| Employee Stock Option (Right to Buy)F4 | $20.28 | Mar 11, 2016 | M | 77,006 | D | — | Nov 7, 2021 | Common Stock | 77,006 | 150,000 | D |
Explanation of responses
- F1This price represents the approximate weighted average price per share of sales of common stock of ITT Corporation (the "Issuer"), which were executed at prices ranging from $35.75 to $36.02 per share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff (the "Staff"), the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F2This price represents the approximate weighted average price per share of sales of common stock of the Issuer, which were executed at prices ranging from $35.75 to $35.78 per share. The reporting person undertakes to provide, upon request by the Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F3This price represents the approximate weighted average price per share of sales of common stock of the Issuer, which were executed at prices ranging from $35.75 to $36.2391 per share. The reporting person undertakes to provide, upon request by the Staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F4These options are fully vested and exercisable.