Davide Barbon - Mar 3, 2023 Form 4 Insider Report for ITT INC. (ITT)

Role
SVP and President, Asia Pacific Region
Signature
/s/ Kristen Prohl, Deputy General Counsel of ITT Inc.; by Power of Attorney for Davide Barbon
Stock symbol
ITT
Transactions as of
Mar 3, 2023
Transactions value $
-$61,074
Form type
4
Date filed
3/7/2023, 04:18 PM
Previous filing
Mar 8, 2022
Next filing
Oct 18, 2023

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ITT Common Stock Award $0 +2.56K +23.03% $0.00 13.7K Mar 3, 2023 Direct F1
transaction ITT Common Stock Award $0 +740 +5.41% $0.00 14.4K Mar 4, 2023 Direct F2
transaction ITT Common Stock Tax liability -$32.4K -348 -2.41% $93.10 14.1K Mar 4, 2023 Direct F3
transaction ITT Common Stock Tax liability -$28.7K -308 -2.19% $93.10 13.8K Mar 4, 2023 Direct F4
* 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 October 15, 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.

Remarks:

SVP and President, Asia Pacific Region