SEC Form 4 · accession 0000217346-19-000019
TEXTRON INC · TXT
Statement of changes in beneficial ownership, as filed. Original on EDGAR ↗
Reporting owner
Mark S Bamford
Officer — VP and Corporate Controller
Period of report
Mar 1, 2019
Accepted (ET)
Mar 5, 2019 · 3:28 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, 2019 | A | 1,918 | $0.00 | A | 16,201 | D | |
| Common Stock | Mar 1, 2019 | F | 633 | $54.43 | D | 15,568 | D | |
| Common Stock | Mar 1, 2019 | M | 4,500 | $26.25 | A | 20,068 | D | |
| Common Stock | Mar 1, 2019 | S | 4,500 | $54.75 | D | 15,568 | D | |
| Common Stock | holding | — | — | — | 2,597 | I | Held on behalf of the Reporting Person by the Textron Savings Plan (as of 03/01/2019). |
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 BuyF2,F1 | $54.43 | Mar 1, 2019 | A | 6,596 | A | — | Mar 1, 2029 | Common Stock | 6,596 | 6,596 | D |
| Employee Stock Option - Right to BuyF4,F3 | $26.25 | Mar 1, 2019 | M | 4,500 | D | — | Mar 1, 2021 | Common Stock | 4,500 | 811 | D |
Explanation of responses
- F1The option vests in three (3) equal annual installments, beginning on 03/01/2020.
- F2Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.
- F3The option vested in three (3) equal annual installments, beginning on 03/01/2012.
- F4Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.