SEC Form 4 · accession 0000217346-19-000020
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, 2019
Accepted (ET)
Mar 5, 2019 · 3:36 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 | 20,784 | $0.00 | A | 134,508 | D | |
| Common Stock | Mar 1, 2019 | F | 8,933 | $54.43 | D | 125,575 | D | |
| Common Stock | holding | — | — | — | 26,437 | I | By trust | |
| Common Stock | holding | — | — | — | 4,320 | 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 Buy)F2,F1 | $54.43 | Mar 1, 2019 | A | 71,480 | A | — | Mar 1, 2029 | Common Stock | 71,480 | 71,480 | 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.