SEC Form 4 · accession 0000217346-19-000017
TEXTRON INC · TXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Scott C Donnelly
Officer — Chairman, President & CEO · Director
Period of report
Feb 25, 2019
Accepted (ET)
Feb 27, 2019 · 3:17 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 | Feb 25, 2019 | M | 4,948 | $20.21 | A | 562,217 | D | |
| Common Stock | holding | — | — | — | 5,698 | I | Held on behalf of the Reporting Person by the Textron Savings Plan (as of 2/25/2019). |
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 BuyF3,F2 | $20.21 | Feb 25, 2019 | M | 4,948 | D | — | Feb 29, 2020 | Common Stock | 4,948 | 0 | D |
Explanation of responses
- F1The stock option exercise reported in this Form 4 was effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
- F2The option vested in three (3) equal annual installments, beginning on March 1, 2011.
- F3Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.