Filing Details
- Accession Number:
- 0000899243-16-015582
- Form Type:
- 4
- Zero Holdings:
- No
- Publication Time:
- 2016-03-08 19:47:00
- Reporting Period:
- 2016-03-05
- Filing Date:
- 2016-03-08
- Accepted Time:
- 2016-03-08 19:47:00
- SEC Url:
- Form 4 Filing
Issuer
Insiders
Cik | Name | Reported Address | Insider Title | Director | Officer | Large Shareholder | Other |
---|---|---|---|---|---|---|---|
1403773 | L Denise Ramos | C/O Itt Corp. 1133 Westchester Avenue White Plains NY 10604 | Ceo And President | No | Yes | No | No |
Reported Non-Derivative Transactions
Sec. Name | Acquisiton - Disposition | Date | Amount | Price | Remaning Holdings | Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|---|---|---|---|---|---|
Common Stock | Acquisiton | 2016-03-05 | 90,537 | $0.00 | 274,622 | No | 4 | A | Direct | |
Common Stock | Acquisiton | 2016-03-07 | 89,643 | $21.53 | 364,265 | No | 4 | M | Direct | |
Common Stock | Disposition | 2016-03-07 | 89,643 | $37.35 | 274,622 | No | 4 | S | Direct | |
Common Stock | Disposition | 2016-03-08 | 60,204 | $37.21 | 214,418 | No | 4 | F | Direct |
Equity Swap Involved | Form Type | Code | Nature of Ownership | Explanation |
---|---|---|---|---|
No | 4 | A | Direct | |
No | 4 | M | Direct | |
No | 4 | S | Direct | |
No | 4 | F | Direct |
Reported Derivative Transactions
Sec. Name | Sec. Type | Acquisiton - Disposition | Date | Amount | Price | Amount - 2 | Price - 2 |
---|---|---|---|---|---|---|---|
Common Stock | Employee Stock Option (Right to Buy) | Disposition | 2016-03-07 | 89,643 | $0.00 | 89,643 | $21.53 |
Remaning Holdings | Exercise Date | Expiration Date | Equity Swap Involved | Transaction Form Type | Transaction Code | Nature of Ownership |
---|---|---|---|---|---|---|
0 | 2021-03-03 | No | 4 | M | Direct |
Footnotes
- Acquired upon the settlement of performance units granted on March 5, 2013 under the ITT Corporation 2011 Omnibus Incentive Plan as a result of the satisfaction of the performance criteria underlying the award.
- This price represents the approximate weighted average price per share of common stock of ITT Corporation (the "Issuer"), of sales that were executed at prices ranging from $36.98 to $37.51 per share. The reporting person undertakes to provide, upon request by the Securities and Exchange Commission staff, the Issuer or a security holder of the Issuer, full information regarding the number of shares sold at each price.
- Reflects the withholding of (i) 46,690 shares of common stock to pay the tax liability incident to the settlement of performance units on March 5, 2016, as described in footnote (1) above, and (ii) 13,514 shares of common stock to pay the tax liability incident to the vesting on March 5, 2016 of restricted stock units granted under the ITT Corporation 2011 Omnibus Incentive Plan on March 5, 2013. The number of shares withheld was determined on March 8, 2016 based on the average of the high/low price of the Issuer's common stock on March 7, 2016.
- These options are fully vested and exercisable.