SEC Form 4 · accession 0000217346-19-000018

TEXTRON INC · TXT

Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗

Reporting owner

Officer — Executive Vice President & CFO

Period of report

Feb 25, 2019

Accepted (ET)

Feb 27, 2019 · 3:46 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	72,732	$20.21	A	186,456	D
Common Stock^F1	Feb 25, 2019	S	72,732	$55.17	D	113,724	D
Common Stock	Feb 26, 2019	M	11,201	$20.21	A	124,925	D
Common Stock^F2	Feb 26, 2019	S	11,201	$55.00	D	113,724	D
Common Stock	holding	—	—		—	26,437	I	By trust
Common Stock	holding	—	—		—	4,285	I	Held on behalf of the Reporting Person by the Textron Savings Plan (as of 02/26/2019).

Security	Conv. / exercise price	Date	Code	Shares	A/D	Exercisable	Expires	Underlying	Underlying shares	Owned after	D/I
Employee Stock Option - Right to Buy^F4,F3	$20.21	Feb 25, 2019	M	72,732	D	—	Feb 29, 2020	Common Stock	72,732	11,201	D
Employee Stock Option - Right to Buy^F4,F3	$20.21	Feb 26, 2019	M	11,201	D	—	Feb 29, 2020	Common Stock	11,201	0	D

F1The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.34, inclusive. The Reporting Person undertakes to provide to Textron Inc., any security holder of Textron Inc. or the staff of the Securities and Exchange Commission, upon request, with full information regarding the number of shares sold at each separate price within the range set forth in footnotes (1) and (2).
F2The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $55.00 to $55.01, inclusive.
F3The option vested in three (3) equal annual installlments, beginning on March 1, 2011.
F4Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.