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Filing Details

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
1317630	Itc Holdings Corp.	ITC	Electric Services (4911)	320058047

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1333105	L Joseph Welch	27175 Energy Way Novi MI 48377	President & Ceo	Yes	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
Common Stock, Without Par Value	Acquisiton	2011-05-24	4,460	$41.37	222,919	No	4	M	Direct
Common Stock, Without Par Value	Disposition	2011-05-24	4,460	$72.05	218,459	No	4	S	Direct
Common Stock, Without Par Value	Acquisiton	2011-05-25	11,052	$41.37	229,511	No	4	M	Direct
Common Stock, Without Par Value	Acquisiton	2011-05-25	12,772	$52.47	242,283	No	4	M	Direct
Common Stock, Without Par Value	Disposition	2011-05-25	23,824	$72.00	218,459	No	4	S	Direct
Common Stock, Without Par Value	Acquisiton	2011-05-25	17,658	$0.00	236,117	No	4	A	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	S	Direct
No	4	M	Direct
No	4	M	Direct
No	4	S	Direct
No	4	A	Direct

Reported Derivative Transactions

Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Common Stock, Without Par Value	Employee Stock Option (Right to Buy)	Disposition	2011-05-24	4,460	$0.00	4,460	$41.37
Common Stock, Without Par Value	Employee Stock Option (Right to Buy)	Disposition	2011-05-25	11,052	$0.00	11,052	$41.37
Common Stock, Without Par Value	Employee Stock Option (Right to Buy)	Disposition	2011-05-25	12,772	$0.00	12,772	$52.47
Common Stock, Without Par Value	Employee Stock Option (Right to Buy)	Acquisiton	2011-05-25	25,480	$0.00	25,480	$72.15

Remaning Holdings	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
1,046,755	2019-05-19	No	4	M	Direct
1,035,703	2019-05-19	No	4	M	Direct
1,022,931	2020-05-18	No	4	M	Direct
1,048,411	2021-05-25	No	4	A	Direct

Footnotes

The weighted average sales price is $72.053. Sale prices ranged from $72.00 to $72.15.
This is a grant of restricted stock with a three year cliff vest provision.
The options vest in three equal installments on May 19, 2010, 2011 and 2012.
The options vest in three equal installments on May 18, 2011, 2012 and 2013.
These stock options become exercisable in three equal installments beginning on the first anniversary of the grant date so long as the recipient remains an employee.