SEC Form 4 · accession 0000899243-18-012579
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Steven C Giuliano
Officer — VP & Chief Accounting Officer
Period of report
May 11, 2018
Accepted (ET)
May 11, 2018 · 7:17 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 StockF1 | May 11, 2018 | M | 6,110 | $41.52 | A | 34,097 | D | |
| Common StockF1 | May 11, 2018 | M | 5,830 | $33.01 | A | 39,927 | D | |
| Common StockF2,F1 | May 11, 2018 | S | 11,940 | $52.9835 | D | 27,987 | D | |
| Common StockF3 | holding | — | — | — | 37 | 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) | $41.52 | May 11, 2018 | M | 6,110 | D | Feb 25, 2018 | Feb 25, 2025 | Common Stock | 6,110 | 0 | D |
| Employee Stock Option (Right to Buy)F4 | $33.01 | May 11, 2018 | M | 5,830 | D | — | Feb 19, 2026 | Common Stock | 5,830 | 2,915 | D |
Explanation of responses
- F1Includes 78.628 shares under a dividend reinvestment plan.
- F2This 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 $52.55 to $53.43 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.
- F3As of May 11, 2018.
- F4These options were granted on February 19, 2016 and vest in three equal annual installments beginning on the first anniversary of the grant date.