Mark S. Bamford - Aug 5, 2021 Form 4 Insider Report for TEXTRON INC (TXT)

Role
VP and Corporate Controller
Signature
/s/ Emiko Sutton, Attorney-in-Fact
Stock symbol
TXT
Transactions as of
Aug 5, 2021
Transactions value $
-$58,601
Form type
4
Date filed
8/9/2021, 11:35 AM
Next filing
Jan 5, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXT Common Stock Options Exercise $72.5K +1.83K +10.94% $39.70 18.5K Aug 5, 2021 Direct
transaction TXT Common Stock Sale -$131K -1.83K -9.86% $71.81 16.7K Aug 5, 2021 Direct F1
holding TXT Common Stock 2.76K Aug 5, 2021 Held on behalf of the Reporting Person by the Textron Savings Plan (as of 08/05/2021)

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction TXT Employee Stock Option - Right to Buy Options Exercise $0 -1.83K -100% $0.00* 0 Aug 5, 2021 Common Stock 1.83K $39.70 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $71.80 to $71.81 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, full information regarding the number of shares sold at each separate price within the range indicated above.
F2 The option vested in three (3) equal annual installments, beginning on March 1, 2015.
F3 Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.