SEC Form 4 · accession 0001209191-15-015320
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Munish Nanda
Officer — SVP & Pres., Control Tech.
Period of report
Feb 17, 2015
Accepted (ET)
Feb 18, 2015 · 4:30 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 17, 2015 | M | 6,824 | $21.5289 | A | 40,021 | D | |
| Common Stock | Feb 17, 2015 | M | 11,887 | $20.28 | A | 51,908 | D | |
| Common StockF1 | Feb 17, 2015 | S | 18,711 | $41.1014 | D | 33,197 | 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 | $21.5289 | Feb 17, 2015 | M | 6,824 | D | — | Mar 3, 2021 | Common Stock | 6,824 | 0 | D |
| Employee Stock Option (right to buy)F2 | $20.28 | Feb 17, 2015 | M | 11,887 | D | — | Nov 7, 2021 | Common Stock | 11,887 | 0 | D |
Explanation of responses
- F1This price represents the approximate weighted average price per share of common stock (each a "Share") of ITT Corporation (the "Issuer), of sales that were executed at prices ranging from $40.51 to $41.42 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 are fully vested and exercisable.