Textron 2020 Proxy Statement

TEXTRON 2020 PROXY STATEMENT 51 EQUITY COMPENSATION PLAN INFORMATION The following table sets forth certain information, as of the end of Textron’s 2019 fiscal year, for all Textron compensation plans previously approved by shareholders. There are no compensation plans not previously approved by shareholders. Equity compensation plans approved by shareholders Equity compensation plans not approved by shareholders Total Weighted-Average Exercise Price of Outstanding Options, Warrants and Rights (b) 44.00 (2) N/A 44.00 Number of Securities to be Issued Upon Exercise of Outstanding Options, Warrants and Rights (a) 9,295,804 (1) N/A 9,295,804 Number of Securities Remaining Available for Future Issuance Under Equity Compensation Plans (Excluding Securities Reflected in Column (a)) (c) 10,869,772 (3) N/A 10,869,772 (1) Includes 543,260 unvested shares that may be issued under previously granted RSUs. (2) This value reflects the weighted average exercise price of outstanding stock options only. (3) Consists of shares remaining available for issuance under the Textron Inc. 2015 Long-Term Incentive Plan that may be issued pursuant to stock options, stock appreciation rights, performance stock, restricted stock, RSUs and other awards, provided that no more than 3,670,780 shares may be issued pursuant to awards other than stock options and stock appreciation rights. EVALUATION OF RISK IN COMPENSATION PLANS In addition to the Company’s incentive compensation arrangements applicable to senior executives throughout the enterprise, the Company’s business units maintain incentive compensation plans and programs in which business unit employees below the senior executive level participate (such as sales incentive plans and incentive programs linked to safety and customer service, etc.). Textron’s management reviews these business unit incentive compensation plans and programs as they relate to risk management practices and risk-taking incentives.