SEC Form 4 · accession 0000899243-16-021071
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Thomas M Scalera
Officer — Executive VP & CFO
Period of report
May 25, 2016
Accepted (ET)
May 26, 2016 · 6:01 pm EDT
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 | May 25, 2016 | M | 7,019 | $19.965 | A | 58,516 | D | |
| Common Stock | May 25, 2016 | S | 7,019 | $36.00 | D | 51,497 | D | |
| Common StockF2 | holding | — | — | — | 722 | I | By 401(k) plan |
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)F3 | $19.965 | May 25, 2016 | M | 7,019 | D | — | Mar 5, 2020 | Common Stock | 7,019 | 0 | D |
Explanation of responses
- F1Open market sale pursuant to a 10b5-1 trading plan adopted by the reporting person on March 8, 2016.
- F2Units held as of May 25, 2016, which represent interests in the ITT Stock Fund.
- F3These options were granted on March 5, 2010 and are fully vested and exercisable.