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
Cik Name Symbol Sector (SIC) IRS No
216228 Itt Corp ITT Pumps & Pumping Equipment (3561) 135158950
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
  1. 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.
  2. 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.
  3. 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.
  4. These options are fully vested and exercisable.