FORM 3
        
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

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Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934 or Section 30(h) of the Investment Company Act of 1940
                      

1. Name and Address of Reporting Person *

Duffy Julie G

2. Date of Event Requiring Statement (MM/DD/YYYY)
7/17/2017 

3. Issuer Name and Ticker or Trading Symbol

TEXTRON INC [TXT]

(Last)        (First)        (Middle)

TEXTRON INC., 40 WESTMINSTER STREET

4. Relationship of Reporting Person(s) to Issuer (Check all applicable)

_____ Director                            _____ 10% Owner
___ X ___ Officer (give title below)          _____ Other (specify below)
Executive VP - Human Resources /

(Street)

PROVIDENCE, RI 02903       

(City)              (State)              (Zip)
5. If Amendment, Date Original Filed (MM/DD/YYYY)

 

6. Individual or Joint/Group Filing (Check Applicable Line)

_ X _ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person


Table I - Non-Derivative Securities Beneficially Owned
1.Title of Security
(Instr. 4)
2. Amount of Securities Beneficially Owned
(Instr. 4)
3. Ownership Form: Direct (D) or Indirect (I)
(Instr. 5)
4. Nature of Indirect Beneficial Ownership
(Instr. 5)
Common Stock   12831   D  
 
Common Stock   10736.62   I   Held on behalf of the Reporting Person by the Textron Savings Plan (as of 07/17/2017).  

Table II - Derivative Securities Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities)
1. Title of Derivate Security
(Instr. 4)
2. Date Exercisable and Expiration Date
(MM/DD/YYYY)
3. Title and Amount of Securities Underlying Derivative Security
(Instr. 4)
4. Conversion or Exercise Price of Derivative Security 5. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 5)
6. Nature of Indirect Beneficial Ownership
(Instr. 5)
Date Exercisable Expiration Date Title Amount or Number of Shares
Employee Stock Option - Right to Buy     (1) 3/1/2024   Common Stock   6562   $39.70   D  
 
Employee Stock Option - Right to Buy     (2) 3/1/2025   Common Stock   5727   $44.31   D  
 
Employee Stock Option - Right to Buy     (3) 3/1/2026   Common Stock   7009   $34.50   D  
 
Employee Stock Option - Right to Buy     (4) 3/10/2027   Common Stock   6260   $49.48   D  
 
Stock Units     (5)   (5) Common Stock   420.94   (6)   (7) D  
 
Stock Units     (5)   (5) Common Stock   60.891   (8)   (7) D  
 

Explanation of Responses:
(1)  This option vested in three (3) equal annual installments. The first, second and third installments became exercisable on March 1, 2015, March 1, 2016 and March 1, 2017 (respectively).
(2)  This option vests in three (3) equal annual installments. The first and second installments became exercisable on March 1, 2016 and March 1, 2017 (respectively), and the third installment will become exercisable on March 1, 2018.
(3)  This option vests in three (3) equal annual installments. The first installment became exercisable on March 1, 2017, and the second and third installments will become exercisable on March 1, 2018 and March 1, 2019 (respectively).
(4)  This option will vest in three (3) equal annual installments. The first, second and third installments will become exercisable on March 1, 2018, March 1, 2019 and March 1, 2020 (respectively).
(5)  Payable in cash following the conclusion of Reporting Person's employment with Textron Inc.
(6)  Acquired pursuant to the Textron Spillover Savings Plan.
(7)  Each stock unit is valued based on the value of one (1) share of Textron Inc. Common Stock.
(8)  Acquired pursuant to the Deferred Income Plan for Textron Executives.

Reporting Owners
Reporting Owner Name / Address
Relationships
Director 10% Owner Officer Other
Duffy Julie G
TEXTRON INC.
40 WESTMINSTER STREET
PROVIDENCE, RI 02903


Executive VP - Human Resources

Signatures
/s/ Ann T. Willaman, Attorney-in-Fact 7/27/2017
** Signature of Reporting Person Date


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 5(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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB control number.
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