2018 Proxy Statement

45 TEXTRON 2018 PROXY STATEMENT Scott C. Donnelly For Not For Change in Voluntary Disability Death Cause Cause Control (1) Annual Incentive / Severance $0 $ 0 $ 0 $0 $ 6,000,000 $ 9,000,000 RSU settled in stock (2) 0 15,303,351 15,303,351 0 0 15,359,035 Stock Options (2) 0 5,849,321 5,849,321 0 5,336,147 5,849,321 Cash settlement of PSUs (2) 0 5,486,910 5,486,910 0 5,486,910 10,331,587 3HQVLRQ EHQH¿W 2WKHU EHQH¿WV Amount Triggered due to Termination $0 $32,188,081 $27,541,811 $0 $26,412,690 $51,057,193 Frank T. Connor For Not For Change in Voluntary Disability Death Cause Cause Control (1) Annual Incentive / Severance $0 $ 0 $ 0 $0 $1,856,333 $ 1,856,333 RSU settled in stock (2) 0 4,414,529 4,414,529 0 0 4,430,997 Stock Options (2) 0 1,682,854 1,682,854 0 0 1,682,854 Cash settlement of PSUs (2) 0 1,575,333 1,575,333 0 0 2,961,508 3HQVLRQ EHQH¿W 2WKHU EHQH¿WV Amount Triggered due to Termination $0 $7,672,716 $7,672,716 $0 $1,856,333 $10,950,710 E. Robert Lupone For Not For Change in Voluntary Disability Death Cause Cause Control (1) Annual Incentive / Severance $0 $ 0 $ 0 $0 $1,297,333 $1,297,333 RSU settled in stock (2) 0 2,029,600 2,029,600 0 0 2,037,523 Stock Options (2) 0 761,417 761,417 0 0 761,417 Cash settlement of PSUs (2) 0 710,706 710,706 0 0 1,334,246 3HQVLRQ EHQH¿W 2WKHU EHQH¿WV Amount Triggered due to Termination $0 $3,501,723 $3,501,723 $0 $1,297,333 $5,443,043 Julie G. Duffy For Not For Change in Voluntary Disability Death Cause Cause Control (1) Annual Incentive / Severance $ 0 $ 0 $ 0 $0 $760,000 $ 760,000 RSU settled in stock (2) 50,818 450,513 450,513 0 50,818 452,211 Stock Options (2) 0 170,530 170,530 0 0 170,530 Cash settlement of PSUs (2) 0 159,730 159,730 0 0 299,216 3HQVLRQ EHQH¿W 2WKHU EHQH¿WV Amount Triggered due to Termination $50,818 $780,773 $780,773 $0 $810,818 $1,700,975 (1) Amounts reported in the “Change in Control” column for RSUs, stock options and PSUs granted prior to 2014 are paid upon a Change in Control, and all other amounts in the “Change in Control” column are paid only upon a “not for cause” or “good reason” termination in connection with a Change in Control. $PRXQWV UHSRUWHG IRU 568V VWRFN RSWLRQV DQG 368V UHÀHFW DFFHOHUDWHG DQG RU SURUDWHG YHVWLQJ WULJJHUHG E\ WHUPLQDWLRQ HYHQW XQGHU HDFK VFHQDULR UHVSHFWLYHO\ 368 DPRXQWV KDYH EHHQ FDOFXODWHG DVVXPLQJ WKDW WKH 368 F\FOH ZLOO EH SDLG DW RI WDUJHW DQG WKH 368 F\FOH ZLOO EH SDLG DW RI WDUJHW 7KHVH ¿JXUHV DUH EDVHG RQ DFWXDO &RPSDQ\ SHUIRUPDQFH DJDLQVW JRDOV IRU DQG DQG WDUJHW &RPSDQ\ SHUIRUPDQFH DJDLQVW JRDOV IRU DQG ,Q DGGLWLRQ WKH ¿JXUHV DVVXPH PHGLDQ WRWDO VKDUHKROGHU UHWXUQ SHUIRUPDQFH RYHU HDFK \HDU 368 F\FOH 3RWHQWLDO SHQVLRQ EHQH¿WV KDYH EHHQ FDOFXODWHG DVVXPLQJ D GLVFRXQW UDWH RI ,QFOXGHV L IRU 0U 'RQQHOO\ XQGHU WKH ³1RW IRU &DXVH´ VFHQDULR LQ FRQWLQXDWLRQ RI LQVXUDQFH FRYHUDJH DQG LQ DGGLWLRQDO EHQH¿WV XQGHU UHWLUHPHQW SODQV DQG XQGHU WKH ³&KDQJH LQ &RQWURO´ VFHQDULR LQ FRQWLQXDWLRQ RI LQVXUDQFH FRYHUDJH LQ DGGLWLRQDO EHQH¿WV XQGHU UHWLUHPHQW SODQV DQG RXWSODFHPHQW DVVLVWDQFH YDOXHG DW LL IRU 0U &RQQRU DQG 0V 'XII\ FRQWLQXDWLRQ RI KHDOWK EHQH¿WV YDOXHG DW DQG LLL IRU 0U /XSRQH FRQWLQXDWLRQ RI KHDOWK EHQH¿WV YDOXHG DW