SEC Form 4 · accession 0000899243-18-012581
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise L Ramos
Officer — See Remarks · Director
Period of report
May 10, 2018
Accepted (ET)
May 11, 2018 · 7:20 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 10, 2018 | M | 50,000 | $26.76 | A | 359,400 | D | |
| Common StockF1 | May 10, 2018 | S | 50,000 | $52.3503 | D | 309,400 | D | |
| Common Stock | May 11, 2018 | M | 55,295 | $26.76 | A | 364,695 | D | |
| Common StockF2 | May 11, 2018 | S | 25,732 | $52.8919 | D | 338,963 | D | |
| Common StockF3 | May 11, 2018 | S | 29,563 | $53.2631 | D | 309,400 | 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) | $26.76 | May 10, 2018 | M | 50,000 | D | Mar 5, 2016 | Mar 5, 2023 | Common Stock | 50,000 | 55,295 | D |
| Employee Stock Option (Right to Buy) | $26.76 | May 11, 2018 | M | 55,295 | D | Mar 5, 2016 | Mar 5, 2023 | Common Stock | 55,295 | 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 $52.24 to $52.60 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.
- 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 $52.16 to $53.15 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.
- F3This price represents the approximate weighted average price per share of sales of common stock of the Issuer, which were executed at prices ranging from $53.16 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.
Remarks
Chief Executive Officer and President