Frank T. Connor - Feb 22, 2022 Form 4 Insider Report for TEXTRON INC (TXT)

Signature
/s/ Emiko Sutton, Attorney-in-Fact
Stock symbol
TXT
Transactions as of
Feb 22, 2022
Transactions value $
-$2,887,055
Form type
4
Date filed
2/24/2022, 03:21 PM
Previous filing
Jan 5, 2022
Next filing
Mar 3, 2022

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction TXT Common Stock Options Exercise $1.15M +40.3K +27.31% $28.47 188K Feb 22, 2022 Direct
transaction TXT Common Stock Sale -$2.74M -40.3K -21.45% $68.13 147K Feb 22, 2022 Direct F1, F2
transaction TXT Common Stock Options Exercise $737K +25.9K +17.56% $28.47 173K Feb 22, 2022 Direct
transaction TXT Common Stock Sale -$1.79M -25.9K -14.94% $68.99 147K Feb 22, 2022 Direct F1, F3
transaction TXT Common Stock Options Exercise $166K +5.82K +3.95% $28.47 153K Feb 22, 2022 Direct
transaction TXT Common Stock Sale -$406K -5.82K -3.8% $69.72 147K Feb 22, 2022 Direct F1, F4
holding TXT Common Stock 26.4K Feb 22, 2022 By trust
holding TXT Common Stock 5.24K Feb 22, 2022 Held on behalf of the Reporting Person by the Textron Savings Plan (as of 02/22/2022).

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 -72K -100% $0.00* 0 Feb 22, 2022 Common Stock 72K $28.47 Direct F5, F6
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The sales reported on this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person.
F2 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $67.62 to $68.62, 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 above.
F3 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $68.63 to $69.62, 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 above.
F4 The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $69.63 to $69.86, 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 above.
F5 The option vested in three (3) equal annual installments, beginning on March 1, 2013.
F6 Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.