SEC Form 4 · accession 0001209191-15-041857
ITT INC. · ITT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Denise L Ramos
Officer — CEO and President
Period of report
May 11, 2015
Accepted (ET)
May 12, 2015 · 6:00 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 11, 2015 | M | 71,590 | $19.965 | A | 223,983 | D | |
| Common StockF1 | May 11, 2015 | S | 71,590 | $41.2128 | D | 152,393 | D | |
| Common StockF2 | May 11, 2015 | G | 2,501 | $0.00 | D | 149,893 | 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)F3 | $19.965 | May 11, 2015 | M | 71,590 | D | — | Mar 5, 2020 | Common Stock | 71,590 | 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 $41.01 to $41.45 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 shares were a charitable gift to a non-profit entity.
- F3These options are fully vested and exercisable.