Emmanuel Caprais - 03 Mar 2023 Form 4 Insider Report for ITT INC. (ITT)

Signature
/s/ Kristen Prohl, Deputy General Counsel of ITT Inc.; by Power of Attorney for Emmanuel Caprais
Issuer symbol
ITT
Transactions as of
03 Mar 2023
Net transactions value
-$151,474
Form type
4
Filing time
07 Mar 2023, 16:17:52 UTC
Previous filing
06 Sep 2022
Next filing
17 Mar 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITT Common Stock Award $0 +6,395 +46% $0.000000 20,213 03 Mar 2023 Direct F1
transaction ITT Common Stock Award $0 +3,544 +18% $0.000000 23,757 04 Mar 2023 Direct F2
transaction ITT Common Stock Tax liability $121,216 -1,302 -5.5% $93.10 22,455 04 Mar 2023 Direct F3
transaction ITT Common Stock Tax liability $30,258 -325 -1.4% $93.10 22,130 04 Mar 2023 Direct F4
holding ITT Common Stock 2,219 03 Mar 2023 by 401(k) plan F5
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Reflects an award of restricted stock units, all of which are scheduled to vest on March 3, 2026.
F2 Acquired upon the settlement of performance units granted on March 4, 2020, March 16, 2020 and October 1, 2020 under the ITT Inc. 2011 Omnibus Incentive Plan (the "Plan") as a result of the satisfaction of the performance criteria underlying the award.
F3 Reflects the withholding of shares of common stock to pay the tax liability incident to the settlement of performance units on March 4, 2023, as described in footnote (2) above. The number of shares withheld was determined on March 6, 2023 based on the average of the high/low price of the issuer's common stock on March 6, 2023.
F4 Reflects the withholding of shares of common stock to pay the tax liability incident to the vesting on March 4, 2023 of restricted stock units granted under the Plan. The number of shares withheld was determined on March 6, 2023 based on the average of the high/low price of the issuer's common stock on March 6, 2023.
F5 As of March 4, 2023.