E. Robert Lupone - 01 Mar 2022 Form 4 Insider Report for TEXTRON INC (TXT)

Reporting relationship: EVP, General Counsel and Secy
Issuer ticker: TXT
Reported as of: 01 Mar 2022
Net transaction value: -$1,149,105
SEC form: 4
Accepted by SEC: 03 Mar 2022, 18:15:00 UTC
Prior SEC filing: 05 Jan 2022
Next SEC filing: 27 Jan 2023
Source filing: View source filing
Reporting owner signature: /s/ Emiko Sutton, Attorney-in-Fact

Key filing fact

E. Robert Lupone filed Form 4 for TEXTRON INC (TXT) on 03 Mar 2022.

Key facts

This page summarizes E. Robert Lupone's Form 4 filing for TEXTRON INC (TXT).
6 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 03 Mar 2022, 18:15.

Change

Previous filing in this sequence was filed on 05 Jan 2022.
Current net transaction value: -$1,149,105.

Research use

This tells you what this filing adds before you inspect full transaction and derivative tables.
You can trace every row back to the original SEC filing document.

Evidence

Filed on Form 4

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

TXT transaction

Common Stock

Award

Transaction value: $0
Shares: +4,948
Change %: +5.3%
Price: $0.000000
Shares after: 98,374
Date: 01 Mar 2022
Ownership: Direct

TXT transaction

Common Stock

Tax liability

Transaction value: $169,431
Shares: -2,384
Change %: -2.4%
Price: $71.07
Shares after: 95,990
Date: 01 Mar 2022
Ownership: Direct

TXT transaction

Common Stock

Options Exercise

Transaction value: $1,181,154
Shares: +29,752
Change %: +31%
Price: $39.70
Shares after: 125,742
Date: 02 Mar 2022
Ownership: Direct

TXT transaction

Common Stock

Sale

Transaction value: $2,160,828
Shares: -29,752
Change %: -24%
Price: $72.63
Shares after: 95,990
Date: 02 Mar 2022
Ownership: Direct
Footnotes: F1, F2

TXT holding

Common Stock

No transaction description listed

Transaction value
Shares
Change %
Price
Shares after: 5,009
Date: 01 Mar 2022
Ownership: Shares held on behalf of the Reporting Person by the Textron Savings Plan (as of 03/01/2022).

Reported derivative securities

Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.

TXT transaction Derivative

Employee Stock Option (Right to Buy)

Award

Transaction value: $0
Shares: +18,477
Change %
Price: $0.000000
Shares after: 18,477
Date: 01 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 18,477
Exercise price: $71.07
Footnotes: F3, F4

TXT transaction Derivative

Employee Stock Option (Right to Buy)

Options Exercise

Transaction value: $0
Shares: -29,752
Change %: -100%
Price: $0.000000^*
Shares after: 0
Date: 02 Mar 2022
Ownership: Direct
Underlying class: Common Stock
Underlying amount: 29,752
Exercise price: $39.70
Footnotes: F5, F6

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 6 footnotes

Footnote F1

The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $72.58 to $72.84, 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.

Footnote F2

Total includes shares acquired in dividend reinvestment transactions not required to be reported.

Footnote F3

The option vests in three (3) equal annual installments, beginning on 03/01/2023.

Footnote F4

Issued pursuant to the Textron Inc. 2015 Long-Term Incentive Plan.

Footnote F5

The option vested in three (3) equal annual installments, beginning on 03/01/2015.

Footnote F6

Issued pursuant to the Textron Inc. 2007 Long-Term Incentive Plan.