-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, UMKzOhn5+Z1GXpnjqjylHfnWxydEuHrRrZFyXvk/lGc9nO6hoJI2Zy05ryW6Ya3n PEnkQsni2VmGwgr5RCUGQQ== 0000216228-02-000104.txt : 20021213 0000216228-02-000104.hdr.sgml : 20021213 20021213160756 ACCESSION NUMBER: 0000216228-02-000104 CONFORMED SUBMISSION TYPE: 4 PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20021212 FILED AS OF DATE: 20021213 REPORTING-OWNER: COMPANY DATA: COMPANY CONFORMED NAME: AYERS ROBERT L CENTRAL INDEX KEY: 0001094830 RELATIONSHIP: OFFICER FILING VALUES: FORM TYPE: 4 BUSINESS ADDRESS: STREET 1: ITT INDUSTRIES STREET 2: 4 WEST RED OAK LANE CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146412058 SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: ITT INDUSTRIES INC CENTRAL INDEX KEY: 0000216228 STANDARD INDUSTRIAL CLASSIFICATION: PUMPS & PUMPING EQUIPMENT [3561] IRS NUMBER: 135158950 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 4 SEC ACT: 1934 Act SEC FILE NUMBER: 001-05627 FILM NUMBER: 02857193 BUSINESS ADDRESS: STREET 1: FOUR W RED OAK LANE CITY: WHITE PLAINS STATE: NY ZIP: 10604 BUSINESS PHONE: 9146412058 MAIL ADDRESS: STREET 1: FOUR W RED OAK LANE CITY: WHITE PLAINS STATE: NY ZIP: 10604 FORMER COMPANY: FORMER CONFORMED NAME: INTERNATIONAL TELEPHONE & TELEGRAPH CORP DATE OF NAME CHANGE: 19840321 FORMER COMPANY: FORMER CONFORMED NAME: ITT CORP DATE OF NAME CHANGE: 19920703 4 1 edgar.txt FORM 4 - 12/12/02 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 4 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP ( ) Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instructions 1(b). 1. Name and Address of Reporting Person Ayers, Robert L. ITT Fluid Technology 10 Mountainview Road Upper Saddle River, NJ 07458 2. Issuer Name and Ticker or Trading Symbol ITT Industries, Inc. ITT 3. IRS or Social Security Number of Reporting Person (Voluntary) 4. Statement for Month/Year 12/12/02 5. If Amendment, Date of Original (Month/Year) 6. Relationship of Reporting Person(s) to Issuer (Check all applicable) ( ) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other (specify below) Senior Vice President 7. Individual or Joint/Group Filing (Check Applicable Line) (X) Form filed by One Reporting Person ( ) Form filed by More than One Reporting Person
___________________________________________________________________________________________________________________________________ Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1. Title of Security |2. |3. |4.Securities Acquired (A) |5.Amount of |6.Dir |7.Nature of Indirect | | Transaction | or Disposed of (D) | Securities |ect | Beneficial Ownership | | | | | Beneficially |(D)or | | | | | | | A/| | Owned at |Indir | | | Date |Code|V| Amount | D | Price | End of Month |ect(I)| | ___________________________________________________________________________________________________________________________________| Common Stock |12/12/|M | |15,000 |A |$39.56 | | | | |02 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |12/12/|M | |12,500 |A |$33.31 | | | | |02 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock |12/12/|S | |29,833 |D |$60.0107 |16,000 |D | | |02 | | | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Common Stock (ISP) (3) | | | | | | |3,256 |I |In Trust | - -----------------------------------------------------------------------------------------------------------------------------------| ___________________________________________________________________________________________________________________________________| ___________________________________________________________________________________________________________________________________ Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned | ___________________________________________________________________________________________________________________________________| 1.Title of Derivative |2.Con- |3. |4. |5.Number of De |6.Date Exer|7.Title and Amount |8.Price|9.Number |10.|11.Nature of| Security |version |Transaction | rivative Secu |cisable and| of Underlying |of Deri|of Deriva |Dir|Indirect | |or Exer | | | rities Acqui |Expiration | Securities |vative |tive |ect|Beneficial | |cise | | | red(A) or Dis |Date(Month/| |Secu |Securities |(D)|Ownership | |Price of| | | posed of(D) |Day/Year) | |rity |Benefi |or | | |Deriva- | | | |Date |Expir| | |ficially |Ind| | |tive | | | | A/|Exer-|ation| Title and Number | |Owned at |ire| | |Secu- | | | | | D |cisa-|Date | of Shares | |End of |ct | | |rity |Date |Code|V| Amount | |ble | | | |Month |(I)| | ___________________________________________________________________________________________________________________________________| Employee Stock Option |$39.56 |12/12|M | |15,000 |D |(1) |01/06|Common Stock|15,000 |- 0 - |- 0 - |D | | (Right to Buy) | |/02 | | | | | |/09 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| Employee Stock Option |$33.31 |12/12|M | |12,500 |D |(2) |01/03|Common Stock|12,500 |- 0 - |12,500 |D | | (Right to Buy) | |/02 | | | | | |/10 | | | | | | | - -----------------------------------------------------------------------------------------------------------------------------------| | | | | | | | | | | | | | | | ___________________________________________________________________________________________________________________________________|
Explanation of Responses: (1) The options vested in three equal installments (1/3 first year, 1/3 second year, 1/3 third year) on the anniversary date of the grant date. (2) The options vested on April 30, 2001 after a 25% increase in share price maintained over 10 trading days. (3) 401-K holdings as of December 2, 2002. SIGNATURE OF REPORTING PERSON ROBERT L. AYERS DATE 12/13/02 -----END PRIVACY-ENHANCED MESSAGE-----