SEC Form 4 · accession 0000899243-16-021323
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Aris C Chicles
Officer — See Remarks
Period of report
May 31, 2016
Accepted (ET)
Jun 1, 2016 · 5:45 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 31, 2016 | M | 52,418 | $20.28 | A | 92,318 | D | |
| Common StockF1 | May 31, 2016 | S | 52,418 | $35.389 | D | 39,900 | D | |
| Common Stock | May 31, 2016 | M | 38,360 | $20.28 | A | 78,260 | D | |
| Common StockF2 | May 31, 2016 | S | 38,360 | $35.8375 | D | 39,900 | 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)F3 | $20.28 | May 31, 2016 | M | 52,418 | D | — | Nov 7, 2021 | Common Stock | 52,418 | 38,360 | D |
| Employee Stock Option (Right to Buy)F3 | $20.28 | May 31, 2016 | M | 38,360 | D | — | Nov 7, 2021 | Common Stock | 38,360 | 0 | D |
Explanation of responses
- F1This price represents the approximate weighted average price per share of sales of common stock of ITT Inc. (the "Issuer"), which were executed at prices ranging from $35.28 to $35.61 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 $35.80 to $36.02 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.
- F3These options were granted on November 7, 2011 and are fully vested and exercisable.
Remarks
Executive Vice President & President, Industrial Process