SEC Form 4 · accession 0000899243-17-004601
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
Feb 16, 2017
Accepted (ET)
Feb 17, 2017 · 7:37 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 | Feb 16, 2017 | M | 23,650 | $26.76 | A | 63,550 | D | |
| Common StockF1 | Feb 16, 2017 | S | 23,650 | $43.3077 | 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)F2 | $26.76 | Feb 16, 2017 | M | 23,650 | D | — | Mar 5, 2023 | Common Stock | 23,650 | 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 $43.25 to $43.45 per share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- F2These options were granted on March 5, 2013 and vested in full on March 5, 2016.