Textron 2020 Proxy Statement

TEXTRON 2020 PROXY STATEMENT 17 SECURITY OWNERSHIP The following table sets forth information regarding the beneficial ownership of our common stock as of January 1, 2020, unless otherwise noted, by: •  Each person or group known by us to own beneficially more than 5% of our common stock; •  Each of our directors; •  Each of our named executive officers, as defined under Securities and Exchange Commission rules (“NEOs”); and •  All of our current directors and executive officers as a group. Beneficial ownership is determined in accordance with the rules of the Securities and Exchange Commission and generally includes any shares over which a person exercises sole or shared voting or investment power. Shares of common stock subject to options that are exercisable, or restricted stock units that will vest, within 60 days of January 1, 2020, and shares held for the executive officers by the trustee under the Textron Savings Plan, are considered outstanding and beneficially owned by the person holding the option or unit or participating in the Plan but are not treated as outstanding for the purpose of computing the percentage ownership of any other person. Each shareholder listed below has sole voting and investment power with respect to the shares beneficially owned, except in those cases in which the voting or investment power is shared with the trustee or as otherwise noted.  Directors and Executive Officers Number of Shares of Common Stock Percent of Class Kathleen M. Bader 12,775 (1) * R. Kerry Clark 7,000 (1) * Frank T. Connor 647,751 (2)(3) * James T. Conway 2,034 (1) * Scott C. Donnelly 2,277,378 (2)(3) * Julie G. Duffy 56,475 (2)(3) * Lawrence K. Fish 2,000 (1) * Paul E. Gagné 5,257 (1) * Ralph D. Heath 2,000 (1) * Deborah Lee James 2,007 (1) * E. Robert Lupone 239,598 (2)(3) * Lloyd G. Trotter 2,111 (1) * Lionel L. Nowell III 2,000 * James L. Ziemer 2,152 (1) * Maria T. Zuber 2,009 (1) * All current directors and executive officers as a group (15 persons) 3,262,547 1.4% Beneficial Holders of More than 5% BlackRock, Inc. (4) 18,311,457 8.0% T. Rowe Price Associates, Inc. (5) 31,834,742 14.0% The Vanguard Group, Inc. (6) 25,120,943 11.0% * Less than 1% of the outstanding shares of common stock. (1) Excludes stock units held by our non-employee directors under the Directors Deferred Income Plan that are paid in cash following termination of service as a director, based upon the value of Textron common stock, as follows: Ms. Bader, 63,527 shares; Mr. Clark, 82,281 shares; Mr. Conway, 26,899 shares; Mr. Fish, 100,315 shares; Mr. Gagné,111,875 shares; Mr. Heath, 11,962 shares; Ms. James, 6,097 shares; Mr. Trotter, 101,242 shares; Mr. Ziemer, 76,412 shares; and Ms. Zuber, 9,617 shares.