SEC Form 4 · accession 0000217346-18-000018
TEXTRON INC · TXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Frank T Connor
Officer — Executive VP and CFO
Period of report
Mar 1, 2018
Accepted (ET)
Mar 5, 2018 · 4:01 pm EST
Rule 10b5-1 plan
unknown — predates the checkbox
Issuer CIK
0000217346
Table I — non-derivative securities
| Security | Date | Code | Shares | Price | A/D | Owned after | D/I | Nature of ownership |
|---|---|---|---|---|---|---|---|---|
| Common Stock | Mar 1, 2018 | A | 15,405 | $0.00 | A | 120,923 | D | |
| Common Stock | Mar 1, 2018 | F | 7,199 | $58.24 | D | 113,724 | D | |
| Common Stock | holding | — | — | — | 26,437 | I | By trust | |
| Common Stock | holding | — | — | — | 4,064 | I | Held on behalf of the Reporting Person by the Textron Savings Plan (as of 03/01/2018). |
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,F1 | $58.42 | Mar 1, 2018 | A | 56,179 | A | — | Mar 1, 2028 | Common Stock | 56,179 | 56,179 | D |
Explanation of responses
- F1The option vests in three (3) equal annual installments, beginning on 03/01/2019.
- F2Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.