Examples of ITT Common Stock in a sentence
As soon as practicable on or after the Distribution Date, each U.S. Qualified DC Plan identified on Schedule 4(a)(i) that invests in ITT Common Stock will maintain stock funds for each of ITT Common Stock, Water Common Stock and Defense Common Stock (each as adjusted for the Distribution) for a period as determined by the fiduciaries of each such U.S. Qualified DC Plan.
In exchange for the surrender of such options, ITT granted such executives substitute options to purchase ITT Common Stock.
Based on the NYSE consolidated trading closing price of ITT Common Stock on December 29, 1995 of $53.00, the value of substitute restricted stock awards for Messrs.
This Agreement and the Merger shall have been adopted and approved by the vote of the majority of the shares of ITT Common Stock outstanding on the record date fixed for determining the stockholders of ITT entitled to vote thereon.
Option Grants on ITT Common Stock to ITT Executives in Last Fiscal Year The following table provides information on fiscal year 1996 grants of options to the named executives to purchase shares of ITT Common Stock.
Johnson 3d, the Chairman of FMR, FMR, through its control of Fidelity, and the Fidelity Funds each has sole power to dispose of the 5,804,659 shares of ITT Common Stock owned by the Fidelity Funds.
The following table shows as of January 31, 1996 the beneficial ownership of shares of ITT Common Stock by each director and nominee, by each of the executive officers named in the Summary Compensation Table on page 20, and by the directors and executive officers as a group.
To the extent any employee stock plan, employee benefit plan, incentive compensation plan or dividend reinvestment plan of ITT or any of its subsidiaries provides for the issuance or purchase of, or otherwise relates to, ITT Common Stock, after the Effective Time of the Merger such plan shall be deemed to provide for the issuance or purchase of, or otherwise relate to, Surviving Corporation Common Stock.
Wilson purchased 2,000 shares of ITT Common Stock on February 21, 1996.
FIL is the beneficial owner of 15,000 shares of ITT Common Stock, which includes 4,000 shares of ITT Common Stock owned by FASST.