FORM 3 |
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940 |
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1. Name and Address of Reporting Person*
(Street)
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2. Date of Event Requiring Statement
(Month/Day/Year) 03/02/2014 |
3. Issuer Name and Ticker or Trading Symbol
TEXTRON INC [ TXT ] |
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4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
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5. If Amendment, Date of Original Filed
(Month/Day/Year) |
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6. Individual or Joint/Group Filing (Check Applicable Line)
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Table I - Non-Derivative Securities Beneficially Owned | |||
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1. Title of Security (Instr. 4) | 2. Amount of Securities Beneficially Owned (Instr. 4) | 3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 4. Nature of Indirect Beneficial Ownership (Instr. 5) |
Common | 8,641.408 | D | |
Common | 1,288.145 | I | Held on behalf of the Reporting Person by the Textron Savings Plan (as of February 28, 2014) |
Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities) | |||||||
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1. Title of Derivative Security (Instr. 4) | 2. Date Exercisable and Expiration Date (Month/Day/Year) | 3. Title and Amount of Securities Underlying Derivative Security (Instr. 4) | 4. Conversion or Exercise Price of Derivative Security | 5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5) | 6. Nature of Indirect Beneficial Ownership (Instr. 5) | ||
Date Exercisable | Expiration Date | Title | Amount or Number of Shares | ||||
Employee Stock Option - Right to Buy | (1) | 02/29/2024 | Common | 5,676 | $39.7 | D | |
Employee Stock Option - Right to Buy | (2) | 02/28/2023 | Common | 4,689 | $28.47 | D | |
Employee Stock Option - Right to Buy | (3) | 02/28/2022 | Common | 9,149 | $27.76 | D | |
Employee Stock Option - Right to Buy | (4) | 02/28/2021 | Common | 6,711 | $26.25 | D | |
Employee Stock Option - Right to Buy | 08/01/2010 | 02/28/2018 | Common | 260 | $20.76 | D | |
Employee Stock Option - Right to Buy | 08/01/2010 | 02/28/2017 | Common | 259 | $20.76 | D | |
Employee Stock Option - Right to Buy | 08/01/2010 | 02/29/2016 | Common | 299 | $20.76 | D | |
Employee Stock Option - Right to Buy | 08/01/2010 | 02/28/2015 | Common | 537 | $20.76 | D | |
Cash-Settled Restricted Stock Units | (5) | (5) | Common | 3,192 | (6) | D | |
Cash-Settled Restricted Stock Units | (7) | (7) | Common | 1,010 | (6) | D | |
Cash-Settled Restricted Stock Units | (8) | (8) | Common | 1,092 | (6) | D | |
Stock Units | (9) | (9) | Common | 62.21(10) | (11) | D |
Explanation of Responses: |
1. This option vests in three (3) equal annual installments, beginning on March 1, 2015. |
2. This option vests in three (3) equal annual installments, beginning on March 1, 2014. |
3. This option vests in three (3) equal annual installments, beginning on March 1, 2013. |
4. This option vested in three (3) equal annual installments, beginning on March 1, 2012. |
5. Payable in cash in three (3) equal annual installments, beginning on March 1, 2015. |
6. Each cash-settled restricted stock unit is valued upon vesting based upon the value of one (1) share of Textron Inc. Common Stock. |
7. Payable in cash in five (5) equal annual installments, beginning on March 1, 2012. |
8. Payable in cash in five (5) equal annual installments, beginning on March 1, 2011. |
9. Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc. |
10. Acquired pursuant to the Textron Spillover Savings Plan. |
11. Each stock unit is valued based upon the value of one (1) share of Textron Inc. Common Stock. |
Remarks: |
/s/ Ann T. Willaman, Attorney-in-Fact | 03/07/2014 | |
** Signature of Reporting Person | Date | |
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly. | ||
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v). | ||
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a). | ||
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure. | ||
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. |