BUTLER JOHN D 4
4 · TEXTRON INC · Filed Mar 3, 2011
Insider Transaction Report
Form 4
TEXTRON INCTXT
BUTLER JOHN D
Executive Vice President
Transactions
- Award
Common Stock
2011-03-01+12,768→ 53,737 total - Award
Employee Stock Option (Right to Buy)
2011-03-01+33,905→ 33,905 totalExercise: $26.25Exp: 2021-02-28→ Common Stock (33,905 underlying) - Exercise/Conversion
Cash-Settled Restricted Stock Units
2011-03-01−4,494→ 13,482 totalExercise: $0.00→ Common Stock (4,494 underlying) - Exercise/Conversion
Cash-Settled Restricted Stock Units
2011-03-01−3,031→ 12,122 totalExercise: $0.00→ Common Stock (3,031 underlying) - Exercise/Conversion
Common Stock
2011-03-01+7,525→ 61,262 total - Disposition to Issuer
Common Stock
2011-03-01$26.25/sh−7,525$197,531→ 53,737 total
Holdings
- 12,732.98(indirect: Held on behalf of Reporting Person by the Textron Savings Plan (as of February 25, 2011).)
Common Stock
Footnotes (5)
- [F1]The option vests in three (3) equal annual installments, beginning on March 1, 2012.
- [F2]Issued pursuant to the Textron 2007 Long-Term Incentive Plan.
- [F3]Each cash-settled restricted stock unit is valued upon vesting based upon the value of one (1) share of Textron Inc. Common Stock.
- [F4]Payable in cash in five (5) equal annual installments, beginning on March 1, 2010.
- [F5]Payable in cash in five (5) equal annual installments, beginning on March 1, 2011.