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TEXTRON 2017 PROXY STATEMENT
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Compensation Discussion and Analysis
Executive Summary
Overview and Objectives of Executive Compensation Program
Target Pay
Incentive Compensation
Performance Analysis
Risks Related to Compensation
Other Compensation Programs
Role of Independent Compensation Consultant
Stock Ownership Requirements
Anti-Hedging and Pledging Policy
Clawback Policy
Compensation Arrangements Relating to Termination of Employment
Tax Considerations
Executive Compensation
Summary Compensation Table
Grants of Plan-Based Awards in Fiscal 2016
Outstanding Equity Awards at 2016 Fiscal Year-End
Option Exercises and Stock Vested in Fiscal 2016
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Potential Payments Upon Termination or Change in Control
Equity Compensation Plan Information
Evaluation of Risk in Compensation Plans
Transactions with Related Persons
Approval of the Textron Inc. Short-Term Incentive Plan
Advisory Vote to Approve Textron’s Executive Compensation
Advisory Vote on Frequency of Future Advisory Votes on Executive Compensation
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Fees to Independent Auditors
Shareholder Proposal Regarding Annual Report on Lobbying Activities
Other Matters to Come Before the Meeting
Shareholder Proposals and Other Matters for 2018 Annual Meeting
Delivery of Documents to Shareholders Sharing an Address
Appendix A: Textron Inc. Short-Term Incentive Plan