Fealing Burt M 4
4 · ITT Corp · Filed Nov 9, 2011
Insider Transaction Report
Form 4
ITT CorpITT
Fealing Burt M
SVP, General Counsel and Sec'y
Transactions
- Award
Employee Stock Option (Right to Buy)
2011-11-07+34,582→ 34,582 totalExercise: $20.28Exp: 2021-11-07→ Common Stock (34,582 underlying) - Award
Common Stock
2011-11-07+11,834→ 16,752 total - Award
Common Stock
2011-11-07+2,819→ 19,571 total
Footnotes (4)
- [F1]Reflects an award of restricted stock units ("RSUs"), which are scheduled to vest on November 7, 2014.
- [F2]Includes securities received as part of award adjustments in connection with the spin-offs of Xylem Inc. and Exelis Inc. from ITT Corporation.
- [F3]Reflects the conversion of the unvested portions of cash-settled total shareholder return ("TSR") awards into RSUs in connection with the spin-offs of Exelis Inc. and Xylem Inc. from ITT Corporation. 800 RSUs were awarded in respect of 2010 TSR awards and will vest on December 31, 2012. 2,019 RSUs were awarded in respect of 2011 TSR awards and will vest on December 31, 2013.
- [F4]These options vest in three equal annual installments beginning on November 7, 2012.