SEC Form 4 · accession 0000899243-19-006489
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Farrokh Batliwala
Officer — See Remarks
Period of report
Mar 4, 2019
Accepted (ET)
Mar 6, 2019 · 5:51 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 StockF1,F2 | Mar 4, 2019 | A | 3,430 | $0.00 | A | 18,123 | D | |
| Common StockF3,F2 | Mar 4, 2019 | A | 6,502 | — | A | 24,625 | D | |
| Common StockF4 | Mar 5, 2019 | F | 2,013 | $58.44 | D | 22,612 | D | |
| Common StockF5 | holding | — | — | — | 593 | I | By 401(k) plan |
Table II — derivative securities
No Table II lines on this filing.
Explanation of responses
- F1Reflects an award of restricted stock units, all of which are scheduled to vest on March 4, 2022.
- F2Includes 10.277 shares under a dividend reinvestment plan.
- F3Acquired upon the settlement of performance units granted on February 19, 2016 under the ITT Inc. 2011 Omnibus Incentive Plan as a result of the satisfaction of the performance criteria underlying the award.
- F4Reflects the withholding of 2,013 shares of common stock to pay the tax liability incident to the settlement of performance units on March 4, 2019, as described in footnote (3) above. The number of shares withheld was determined on March 5, 2019 based on the average of the high/low price of the Issuer's common stock on March 4, 2019.
- F5As of March 4, 2019.
Remarks
SVP & President, Connect and Control Technologies