SEC Form 4 · accession 0000899243-16-033241
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
Nov 10, 2016
Accepted (ET)
Nov 14, 2016 · 6:07 am 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 | Nov 10, 2016 | M | 9,310 | $21.5289 | A | 60,807 | D | |
| Common Stock | Nov 10, 2016 | S | 9,310 | $38.00 | D | 51,497 | D | |
| Common StockF2 | holding | — | — | — | 727 | 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 | $21.5289 | Nov 10, 2016 | M | 9,310 | D | — | Mar 3, 2021 | Common Stock | 9,310 | 0 | D |
Explanation of responses
- F1Open market sale pursuant to a trading plan adopted by the reporting person under Rule 10b5-1 of the Securities Exchange Act of 1934 on March 8, 2016.
- F2Units held as of November 10, 2016, which represent interests in the ITT Stock Fund.
- F3These options were granted on March 3, 2011 and are fully vested and exercisable.