Sec Form 4 Filing - Bohlen Kenneth C @ TEXTRON INC - 2009-12-31

Insider filing report for Changes in Beneficial Ownership
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FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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1. Name and Address of Reporting Person
Bohlen Kenneth C
2. Issuer Name and Ticker or Trading Symbol
TEXTRON INC [ TXT]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
X __ Officer (give title below) _____ Other (specify below)
Executive VP
(Last) (First) (Middle)
TEXTRON INC., 2301 EAGLE PARKWAY, SUITE 250
3. Date of Earliest Transaction (MM/DD/YY)
12/31/2009
(Street)
FORT WORTH, TX76177
4. If Amendment, Date Original Filed (MM/DD/YY)
6. Individual or Joint/Group Filing (Check Applicable Line)
__ X __ Form filed by One Reporting Person
_____ Form filed by More than One Reporting Person
(City) (State) (Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock 12/31/2009( 1 ) M 7,943.1458 A $ 0 55,293.1458 D
Common Stock 12/31/2009( 1 ) D 7,943.1458 D $ 18.81 47,350 D
Common Stock 14,534.608 I Held on behalf of Reporting Person by the Textron Savings Plan (as of December 31, 2009).
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(MM/DD/YY)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Cash-Settled Restricted Stock Units $ 0 ( 2 ) 12/31/2009( 1 ) M 7,943.1458 ( 3 ) ( 3 ) Common Stock 7,943.1458 $ 0 11,031.8542 D
Cash-Settled Restricted Stock Units $ 0 12/31/2009 D 11,031.8542 ( 4 ) ( 4 ) Common Stock 11,031.8542 $ 0 0 D
Phantom Stock $ 0 ( 5 ) 12/31/2009 A 764.925 ( 6 ) ( 6 ) Common Stock 764.925 $ 13.4 3,854.626 ( 7 ) D
Reporting Owners
Reporting Owner Name / Address Relationships
Director 10% Owner Officer Other
Bohlen Kenneth C
TEXTRON INC.
2301 EAGLE PARKWAY, SUITE 250
FORT WORTH, TX76177
Executive VP
Signatures
/s/ Ann T. Willaman, Attorney-in-Fact 01/05/2010
Signature of Reporting Person Date
Explanation of Responses:
( 1 )Date on which the value of the award was determined due to Reporting Person's December 31, 2009 termination date; the amount payable in settlement of the award will be paid, with interest, in 6 months.
( 2 )Each cash-settled restricted stock unit is valued upon vesting based upon the value of one (1) share of Textron Inc. Common Stock.
( 3 )These cash-settled restricted stock units vested on Reporting Person's December 31, 2009 termination date.
( 4 )These cash-settled restricted stock units were forfeited as a result of Reporting Person's December 31, 2009 termination date.
( 5 )Each share of phantom stock is valued based upon the value of one (1) share of Textron Inc. Common Stock.
( 6 )Payable in cash upon the conclusion of Reporting Person's employment with Textron Inc.
( 7 )Acquired pursuant to the Textron Spillover Savings Plan; total includes phantom shares acquired in idividend reinvestment transactions not required to be reported.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

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